2023 SEK to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SEK to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SEK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2450.0169. Conversely, the yearly low was recorded on June 6, dropping to 2151.9253.
This high-to-low spread represents a total annual volatility of 298.0916 VND. From a start-to-finish perspective, comparing the January average rate of 2258.9352 to the December average rate of 2371.5018, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 2450.0169 was down 3.67% compared to the 2022 peak of 2543.3742, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SEK to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2243.3248, compared to 2251.2611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9362 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 152.3089 VND (High: 2321.5109 / Low: 2169.2020). On the other end, October was the most stable month, with a tight range of 55.2723 VND (High: 2244.4155 / Low: 2189.1432).
Growth Streaks & Declines
TrendsBetween 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 54.9427 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 2371.5018) against the same month in 2022 (average: 2289.0611), the exchange rate shifted by +82.4407 (+3.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2299.4159 | 2197.3625 | 2258.9352 |
| February | 2294.5615 | 2212.2256 | 2261.6662 |
| March | 2283.6159 | 2203.7364 | 2246.2345 |
| April | 2293.9275 | 2230.4451 | 2268.2898 |
| May | 2310.9687 | 2161.2100 | 2239.8830 |
| June | 2219.2781 | 2151.9253 | 2184.9403 |
| July | 2321.5109 | 2169.2020 | 2248.4011 |
| August | 2242.7844 | 2171.0613 | 2203.4304 |
| September | 2233.0541 | 2160.4667 | 2183.9219 |
| October | 2244.4155 | 2189.1432 | 2220.8164 |
| November | 2349.8602 | 2203.4175 | 2279.4949 |
| December | 2450.0169 | 2312.3250 | 2371.5018 |