2023 SEK to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |