YEARLY HIGH
2109.2257 SLL
YEARLY LOW
1612.9327 SLL
YEARLY AVERAGE
1797.1779 SLL

2023 SEK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2109.2257. Conversely, the yearly low was recorded on July 5, dropping to 1612.9327.

This high-to-low spread represents a total annual volatility of 496.2930 SLL. From a start-to-finish perspective, comparing the January average rate of 1700.2776 to the December average rate of 2047.8083, the exchange rate registered a net change of 20.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2109.2257 was up 21.43% compared to the 2022 peak of 1737.0167, 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 10,546,128 SLL
2022 Average 6,760,327 SLL
Yearly Trough Low 8,064,663 SLL
Transaction Impact: A difference of 2,481,465.07 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2088.4371
1600.8916
JanuMarcMayJulySeptNove

SEK to SLL 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 1684.3144, compared to 1910.0414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 225.7270 points.

H1 Avg (Jan–Jun) 1684.3144
H2 Avg (Jul–Dec) 1910.0414

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 379.4565 SLL (High: 1992.3892 / Low: 1612.9327). On the other end, April was the most stable month, with a tight range of 44.1815 SLL (High: 1724.6261 / Low: 1680.4446).

July Spread (Volatile) ±379.4565
April Spread (Stable) ±44.1815

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 August and September, when the average rate fell by 45.3015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -45.3015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2047.8083) against the same month in 2022 (average: 1699.6543), the exchange rate shifted by +348.1541 (+20.48%).

2023 Avg (December) 2047.8083
2022 Avg (December) 1699.6543

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1732.2048 1652.8121 1700.2776
February 1712.9353 1664.1777 1689.4680
March 1714.8557 1646.1127 1681.1407
April 1724.6261 1680.4446 1707.2693
May 1740.9078 1625.6096 1686.2106
June 1665.7551 1618.2457 1641.5204
July 1992.3892 1612.9327 1719.1773
August 1983.7794 1897.2373 1935.8399
September 1920.3191 1873.9059 1890.5384
October 1928.4578 1867.6543 1902.1582
November 2032.8561 1878.9083 1964.7263
December 2109.2257 1998.9299 2047.8083