2023 SEK to SBD Historical Review

YEARLY HIGH

0.8490 SBD

YEARLY LOW

0.7511 SBD

YEARLY AVERAGE

0.7869 SBD

2023 SEK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.8490. Conversely, the yearly low was recorded on September 14, dropping to 0.7511.

This high-to-low spread represents a total annual volatility of 0.0979 SBD. From a start-to-finish perspective, comparing the January average rate of 0.7955 to the December average rate of 0.8259, the exchange rate registered a net change of 3.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8490 was down 6.09% compared to the 2022 peak of 0.9040, 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 4,245 SBD

2022 Average 4,034 SBD

Yearly Trough Low 3,755 SBD

Transaction Impact: A difference of 489.43 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8328

0.7504

JanuMarcMayJulySeptNove

SEK to SBD 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 0.7895, compared to 0.7844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.7895

H2 Avg (Jul–Dec) 0.7844

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0673 SBD (High: 0.8216 / Low: 0.7543). On the other end, September was the most stable month, with a tight range of 0.0167 SBD (High: 0.7677 / Low: 0.7511).

November Spread (Volatile) ±0.0673

September Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0224 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8259) against the same month in 2022 (average: 0.7914), the exchange rate shifted by +0.0345 (+4.36%).

2023 Avg (December) 0.8259

2022 Avg (December) 0.7914

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8088	0.7733	0.7955
February	0.7995	0.7754	0.7875
March	0.7990	0.7654	0.7832
April	0.8123	0.7879	0.8014
May	0.8184	0.7669	0.7948
June	0.7859	0.7638	0.7746
July	0.8217	0.7639	0.7950
August	0.7917	0.7572	0.7726
September	0.7677	0.7511	0.7573
October	0.7777	0.7517	0.7650
November	0.8216	0.7543	0.7905
December	0.8490	0.8059	0.8259