2023 SEK to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SEK to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SEK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 60.4518. Conversely, the yearly low was recorded on November 20, dropping to 52.2833.
This high-to-low spread represents a total annual volatility of 8.1685 SDG. From a start-to-finish perspective, comparing the January average rate of 55.5241 to the December average rate of 58.6916, the exchange rate registered a net change of 5.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 60.4518 was up 6.62% compared to the 2022 peak of 56.6982, 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 SDG 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 56.4303, compared to 56.0212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4092 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 5.9312 SDG (High: 58.2146 / Low: 52.2833). On the other end, September was the most stable month, with a tight range of 1.3760 SDG (High: 55.0834 / Low: 53.7074).
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 July and August, when the average rate fell by 1.6066 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 58.6916) against the same month in 2022 (average: 54.9073), the exchange rate shifted by +3.7842 (+6.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.5308 | 53.6591 | 55.5241 |
| February | 56.7460 | 55.1115 | 56.0054 |
| March | 57.4476 | 53.3771 | 56.1205 |
| April | 58.4563 | 55.5418 | 57.7830 |
| May | 58.9882 | 55.3066 | 57.2809 |
| June | 56.7196 | 55.1019 | 55.8682 |
| July | 58.9866 | 54.8297 | 57.1205 |
| August | 56.9038 | 54.4213 | 55.5139 |
| September | 55.0834 | 53.7074 | 54.2082 |
| October | 55.2709 | 53.5282 | 54.5099 |
| November | 58.2146 | 52.2833 | 56.0829 |
| December | 60.4518 | 57.2907 | 58.6916 |