YEARLY HIGH
0.4301 PLN
YEARLY LOW
0.3739 PLN
YEARLY AVERAGE
0.3960 PLN

2023 SEK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.4301. Conversely, the yearly low was recorded on August 20, dropping to 0.3739.

This high-to-low spread represents a total annual volatility of 0.0562 PLN. From a start-to-finish perspective, comparing the January average rate of 0.4172 to the December average rate of 0.3873, the exchange rate registered a net change of -7.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4301 was down 6.71% compared to the 2022 peak of 0.4610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SEK based on timing:

Yearly Peak High 2,150 PLN
2022 Average 2,203 PLN
Yearly Trough Low 1,869 PLN
Transaction Impact: A difference of 281.00 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4287
0.3726
JanuMarcMayJulySeptNove

SEK to PLN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4080, compared to 0.3839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0241 points.

H1 Avg (Jan–Jun) 0.4080
H2 Avg (Jul–Dec) 0.3839

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0264 PLN (High: 0.4019 / Low: 0.3755). On the other end, November was the most stable month, with a tight range of 0.0070 PLN (High: 0.3839 / Low: 0.3769).

September Spread (Volatile) ±0.0264
November Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0166 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4240) against the same month in 2022 (average: 0.4323), the exchange rate shifted by -0.0083 (-1.92%).

2023 Avg (February) 0.4240
2022 Avg (February) 0.4323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4241 0.4019 0.4172
February 0.4301 0.4136 0.4240
March 0.4233 0.4089 0.4170
April 0.4159 0.4023 0.4089
May 0.4093 0.3880 0.3988
June 0.3890 0.3764 0.3822
July 0.3895 0.3749 0.3819
August 0.3824 0.3739 0.3773
September 0.4019 0.3755 0.3885
October 0.4002 0.3760 0.3873
November 0.3839 0.3769 0.3811
December 0.3940 0.3809 0.3873