YEARLY HIGH
60.4518 SDG
YEARLY LOW
52.2833 SDG
YEARLY AVERAGE
56.2257 SDG

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.

Transfer Payout Power Comparison

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

Yearly Peak High 302,259 SDG
2022 Average 246,008 SDG
Yearly Trough Low 261,417 SDG
Transaction Impact: A difference of 40,842.52 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

59.1399
53.7599
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 56.4303
H2 Avg (Jul–Dec) 56.0212

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±5.9312
September Spread (Stable) ±1.3760

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6066

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 58.6916
2022 Avg (December) 54.9073

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