2023 SEK to USD Historical Review

YEARLY HIGH

0.1006 USD

YEARLY LOW

0.0891 USD

YEARLY AVERAGE

0.0943 USD

2023 SEK to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1006. Conversely, the yearly low was recorded on October 28, dropping to 0.0891.

This high-to-low spread represents a total annual volatility of 0.0115 USD. From a start-to-finish perspective, comparing the January average rate of 0.0963 to the December average rate of 0.0977, 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 0.1006 was down 10.16% compared to the 2022 peak of 0.1120, 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 503 USD

2022 Average 496 USD

Yearly Trough Low 445 USD

Transaction Impact: A difference of 57.60 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0984

0.0894

JanuMarcMayJulySeptNove

SEK to USD 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 0.0953, compared to 0.0933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0953

H2 Avg (Jul–Dec) 0.0933

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0073 USD (High: 0.0969 / Low: 0.0896). On the other end, September was the most stable month, with a tight range of 0.0022 USD (High: 0.0916 / Low: 0.0894).

November Spread (Volatile) ±0.0073

September Spread (Stable) ±0.0022

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 0.0027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0977) against the same month in 2022 (average: 0.0962), the exchange rate shifted by +0.0014 (+1.50%).

2023 Avg (December) 0.0977

2022 Avg (December) 0.0962

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0981	0.0936	0.0963
February	0.0970	0.0942	0.0956
March	0.0971	0.0932	0.0952
April	0.0976	0.0951	0.0966
May	0.0986	0.0920	0.0955
June	0.0943	0.0916	0.0929
July	0.0982	0.0913	0.0950
August	0.0946	0.0905	0.0923
September	0.0916	0.0894	0.0902
October	0.0920	0.0891	0.0907
November	0.0969	0.0896	0.0937
December	0.1006	0.0953	0.0977