2023 SEK to SYP Historical Review

YEARLY HIGH

252.7239 SYP

YEARLY LOW

223.7792 SYP

YEARLY AVERAGE

236.9423 SYP

2023 SEK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 252.7239. Conversely, the yearly low was recorded on October 28, dropping to 223.7792.

This high-to-low spread represents a total annual volatility of 28.9447 SYP. From a start-to-finish perspective, comparing the January average rate of 241.8340 to the December average rate of 245.3649, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 252.7239 was down 10.14% compared to the 2022 peak of 281.2418, 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 1,263,619 SYP

2022 Average 1,246,051 SYP

Yearly Trough Low 1,118,896 SYP

Transaction Impact: A difference of 144,723.35 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

247.2493

224.6367

JanuMarcMayJulySeptNove

SEK to SYP 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 239.5636, compared to 234.3210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2425 points.

H1 Avg (Jan–Jun) 239.5636

H2 Avg (Jul–Dec) 234.3210

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 18.4458 SYP (High: 243.5734 / Low: 225.1276). On the other end, September was the most stable month, with a tight range of 5.5611 SYP (High: 230.0894 / Low: 224.5282).

November Spread (Volatile) ±18.4458

September Spread (Stable) ±5.5611

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 6.8186 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.8186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 245.3649) against the same month in 2022 (average: 241.7454), the exchange rate shifted by +3.6195 (+1.50%).

2023 Avg (December) 245.3649

2022 Avg (December) 241.7454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	246.3751	235.0829	241.8340
February	243.6344	236.6995	240.2966
March	243.9075	234.1301	239.1122
April	245.2972	239.0132	242.8285
May	247.6130	231.2139	239.8333
June	236.9238	230.1665	233.4769
July	246.7010	229.4108	238.7676
August	237.6931	227.3238	231.9491
September	230.0894	224.5282	226.5211
October	231.0645	223.7792	227.9134
November	243.5734	225.1276	235.4102
December	252.7239	239.5084	245.3649