2023 SEK to SOS Historical Review

YEARLY HIGH

57.4602 SOS

YEARLY LOW

50.9439 SOS

YEARLY AVERAGE

53.6896 SOS

2023 SEK to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 57.4602. Conversely, the yearly low was recorded on October 28, dropping to 50.9439.

This high-to-low spread represents a total annual volatility of 6.5163 SOS. From a start-to-finish perspective, comparing the January average rate of 54.7379 to the December average rate of 55.8340, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 57.4602 was down 11.70% compared to the 2022 peak of 65.0743, 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 287,301 SOS

2022 Average 285,541 SOS

Yearly Trough Low 254,720 SOS

Transaction Impact: A difference of 32,581.29 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.2774

50.9570

JanuMarcMayJulySeptNove

SEK to SOS 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 54.2004, compared to 53.1787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0217 points.

H1 Avg (Jan–Jun) 54.2004

H2 Avg (Jul–Dec) 53.1787

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 4.2505 SOS (High: 55.4032 / Low: 51.1527). On the other end, October was the most stable month, with a tight range of 1.4761 SOS (High: 52.4200 / Low: 50.9439).

November Spread (Volatile) ±4.2505

October Spread (Stable) ±1.4761

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 1.5027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 55.8340) against the same month in 2022 (average: 54.7358), the exchange rate shifted by +1.0982 (+2.01%).

2023 Avg (December) 55.8340

2022 Avg (December) 54.7358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.7853	53.2447	54.7379
February	55.1217	53.5476	54.3860
March	55.1896	52.6834	54.0556
April	55.3942	53.9120	54.9035
May	56.1249	52.3108	54.2733
June	53.6675	52.1021	52.8461
July	55.8844	51.9506	54.0496
August	53.8870	51.5069	52.5468
September	52.4469	50.9615	51.4004
October	52.4200	50.9439	51.7853
November	55.4032	51.1527	53.4563
December	57.4602	54.4884	55.8340