2023 SEK to TRY Historical Review

YEARLY HIGH

2.9603 TRY

YEARLY LOW

1.7564 TRY

YEARLY AVERAGE

2.2395 TRY

2023 SEK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.9603. Conversely, the yearly low was recorded on January 5, dropping to 1.7564.

This high-to-low spread represents a total annual volatility of 1.2039 TRY. From a start-to-finish perspective, comparing the January average rate of 1.8077 to the December average rate of 2.8422, the exchange rate registered a net change of 57.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9603 was up 61.58% compared to the 2022 peak of 1.8320, 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 14,801 TRY

2022 Average 8,167 TRY

Yearly Trough Low 8,782 TRY

Transaction Impact: A difference of 6,019.41 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9461

1.6988

JanuMarcMayJulySeptNove

SEK to TRY 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 1.8965, compared to 2.5824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6859 points.

H1 Avg (Jan–Jun) 1.8965

H2 Avg (Jul–Dec) 2.5824

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.4991 TRY (High: 2.4328 / Low: 1.9337). On the other end, February was the most stable month, with a tight range of 0.0504 TRY (High: 1.8248 / Low: 1.7744).

June Spread (Volatile) ±0.4991

February Spread (Stable) ±0.0504

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0498 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.8422) against the same month in 2022 (average: 1.7947), the exchange rate shifted by +1.0475 (+58.37%).

2023 Avg (December) 2.8422

2022 Avg (December) 1.7947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8442	1.7564	1.8077
February	1.8248	1.7744	1.8027
March	1.8518	1.7633	1.8083
April	1.8957	1.8332	1.8695
May	1.9237	1.8459	1.8868
June	2.4328	1.9337	2.2041
July	2.6403	2.3822	2.5164
August	2.5522	2.3536	2.4851
September	2.5135	2.4082	2.4353
October	2.5615	2.4845	2.5297
November	2.8040	2.5383	2.6859
December	2.9603	2.7581	2.8422