2023 SEK to TWD Historical Review

YEARLY HIGH

3.1145 TWD

YEARLY LOW

2.8089 TWD

YEARLY AVERAGE

2.9356 TWD

2023 SEK to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 3.1145. Conversely, the yearly low was recorded on June 6, dropping to 2.8089.

This high-to-low spread represents a total annual volatility of 0.3057 TWD. From a start-to-finish perspective, comparing the January average rate of 2.9251 to the December average rate of 3.0478, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.1145 was up 0.83% compared to the 2022 peak of 3.0890, 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 15,573 TWD

2022 Average 14,733 TWD

Yearly Trough Low 14,044 TWD

Transaction Impact: A difference of 1,528.26 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0663

2.8450

JanuMarcMayJulySeptNove

SEK to TWD 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 2.9126, compared to 2.9587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0461 points.

H1 Avg (Jan–Jun) 2.9126

H2 Avg (Jul–Dec) 2.9587

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.2029 TWD (High: 3.0166 / Low: 2.8138). On the other end, October was the most stable month, with a tight range of 0.0701 TWD (High: 2.9628 / Low: 2.8928).

May Spread (Volatile) ±0.2029

October Spread (Stable) ±0.0701

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 0.0673 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3.0478) against the same month in 2022 (average: 2.9531), the exchange rate shifted by +0.0947 (+3.21%).

2023 Avg (December) 3.0478

2022 Avg (December) 2.9531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9675	2.8746	2.9251
February	2.9471	2.8294	2.8954
March	2.9493	2.8466	2.9075
April	2.9976	2.9036	2.9535
May	3.0166	2.8138	2.9307
June	2.9051	2.8089	2.8634
July	3.0374	2.8507	2.9636
August	2.9921	2.8796	2.9372
September	2.9530	2.8492	2.8872
October	2.9628	2.8928	2.9284
November	3.0350	2.9024	2.9877
December	3.1145	2.9980	3.0478