2023 SEK to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SEK to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SEK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 9.2511. Conversely, the yearly low was recorded on January 15, dropping to 6.3656.
This high-to-low spread represents a total annual volatility of 2.8854 RUB. From a start-to-finish perspective, comparing the January average rate of 6.7334 to the December average rate of 8.8923, the exchange rate registered a net change of 32.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 9.2511 was down 35.48% compared to the 2022 peak of 14.3380, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SEK to RUB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.3608, compared to 8.7268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3660 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.8864 RUB (High: 9.2241 / Low: 8.3376). On the other end, November was the most stable month, with a tight range of 0.3186 RUB (High: 8.6163 / Low: 8.2978).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3216 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 8.8474) against the same month in 2022 (average: 5.8501), the exchange rate shifted by +2.9974 (+51.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.0717 | 6.3656 | 6.7334 |
| February | 7.2491 | 6.6907 | 7.0321 |
| March | 7.4699 | 7.0435 | 7.2662 |
| April | 7.9597 | 7.4699 | 7.8283 |
| May | 7.8064 | 7.2767 | 7.5543 |
| June | 8.2293 | 7.4440 | 7.7508 |
| July | 8.9143 | 8.1493 | 8.6108 |
| August | 9.2511 | 8.5373 | 8.8474 |
| September | 8.9745 | 8.5402 | 8.7212 |
| October | 9.2241 | 8.3376 | 8.8055 |
| November | 8.6163 | 8.2978 | 8.4839 |
| December | 9.2196 | 8.6035 | 8.8923 |