YEARLY HIGH
1243.9151 UZS
YEARLY LOW
1049.3285 UZS
YEARLY AVERAGE
1106.4102 UZS

2023 SEK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1243.9151. Conversely, the yearly low was recorded on May 30, dropping to 1049.3285.

This high-to-low spread represents a total annual volatility of 194.5866 UZS. From a start-to-finish perspective, comparing the January average rate of 1087.9940 to the December average rate of 1206.4822, the exchange rate registered a net change of 10.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1243.9151 was up 0.37% compared to the 2022 peak of 1239.3702, 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 6,219,575 UZS
2022 Average 5,480,384 UZS
Yearly Trough Low 5,246,642 UZS
Transaction Impact: A difference of 972,933.11 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1220.5665
1051.5549
JanuMarcMayJulySeptNove

SEK to UZS 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 1085.9601, compared to 1126.8604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.9004 points.

H1 Avg (Jan–Jun) 1085.9601
H2 Avg (Jul–Dec) 1126.8604

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 96.3886 UZS (High: 1193.7423 / Low: 1097.3537). On the other end, February was the most stable month, with a tight range of 28.7419 UZS (High: 1097.1697 / Low: 1068.4278).

November Spread (Volatile) ±96.3886
February Spread (Stable) ±28.7419

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 26.5728 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -26.5728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1206.4822) against the same month in 2022 (average: 1082.7288), the exchange rate shifted by +123.7533 (+11.43%).

2023 Avg (December) 1206.4822
2022 Avg (December) 1082.7288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1107.4940 1056.7449 1087.9940
February 1097.1697 1068.4278 1084.3532
March 1105.4041 1054.1157 1083.2049
April 1112.6211 1082.7538 1102.3570
May 1128.1654 1049.3285 1092.2119
June 1081.6896 1050.4627 1065.6392
July 1138.2223 1053.4719 1099.9817
August 1119.0135 1083.2656 1099.9143
September 1119.6051 1086.0923 1096.8507
October 1124.2708 1086.6906 1108.0461
November 1193.7423 1097.3537 1149.8876
December 1243.9151 1172.2198 1206.4822