YEARLY HIGH
2450.0169 VND
YEARLY LOW
2151.9253 VND
YEARLY AVERAGE
2247.2930 VND

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SEK based on timing:

Yearly Peak High 12,250,085 VND
2022 Average 11,594,389 VND
Yearly Trough Low 10,759,627 VND
Transaction Impact: A difference of 1,490,457.92 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2390.2598
2165.1639
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2243.3248
H2 Avg (Jul–Dec) 2251.2611

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±152.3089
October Spread (Stable) ±55.2723

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 54.9427 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -54.9427

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 2371.5018
2022 Avg (December) 2289.0611

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