YEARLY HIGH
0.2346 TOP
YEARLY LOW
0.2137 TOP
YEARLY AVERAGE
0.2227 TOP

2023 SEK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2346. Conversely, the yearly low was recorded on September 21, dropping to 0.2137.

This high-to-low spread represents a total annual volatility of 0.0210 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2242 to the December average rate of 0.2295, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2346 was down 8.07% compared to the 2022 peak of 0.2553, 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 1,173 TOP
2022 Average 1,154 TOP
Yearly Trough Low 1,068 TOP
Transaction Impact: A difference of 104.85 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2309
0.2142
JanuMarcMayJulySeptNove

SEK to TOP 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 0.2240, compared to 0.2214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.2240
H2 Avg (Jul–Dec) 0.2214

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0161 TOP (High: 0.2310 / Low: 0.2149). On the other end, June was the most stable month, with a tight range of 0.0040 TOP (High: 0.2211 / Low: 0.2170).

July Spread (Volatile) ±0.0161
June Spread (Stable) ±0.0040

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 May and June, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2295) against the same month in 2022 (average: 0.2258), the exchange rate shifted by +0.0037 (+1.63%).

2023 Avg (December) 0.2295
2022 Avg (December) 0.2258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2269 0.2193 0.2242
February 0.2273 0.2190 0.2235
March 0.2290 0.2199 0.2245
April 0.2304 0.2231 0.2274
May 0.2323 0.2190 0.2252
June 0.2211 0.2170 0.2191
July 0.2310 0.2149 0.2231
August 0.2239 0.2161 0.2195
September 0.2192 0.2137 0.2156
October 0.2196 0.2146 0.2175
November 0.2293 0.2155 0.2233
December 0.2346 0.2249 0.2295