YEARLY HIGH
0.0750 XDR
YEARLY LOW
0.0675 XDR
YEARLY AVERAGE
0.0706 XDR

2023 SEK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0750. Conversely, the yearly low was recorded on September 7, dropping to 0.0675.

This high-to-low spread represents a total annual volatility of 0.0075 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0716 to the December average rate of 0.0732, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0750 was down 5.76% compared to the 2022 peak of 0.0796, 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 375 XDR
2022 Average 362 XDR
Yearly Trough Low 337 XDR
Transaction Impact: A difference of 37.73 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0737
0.0677
JanuMarcMayJulySeptNove

SEK to XDR 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 0.0711, compared to 0.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0711
H2 Avg (Jul–Dec) 0.0702

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0045 XDR (High: 0.0731 / Low: 0.0686). On the other end, April was the most stable month, with a tight range of 0.0020 XDR (High: 0.0724 / Low: 0.0704).

July Spread (Volatile) ±0.0045
April Spread (Stable) ±0.0020

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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0732) against the same month in 2022 (average: 0.0725), the exchange rate shifted by +0.0008 (+1.05%).

2023 Avg (December) 0.0732
2022 Avg (December) 0.0725

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0727 0.0701 0.0716
February 0.0726 0.0696 0.0714
March 0.0727 0.0698 0.0713
April 0.0724 0.0704 0.0716
May 0.0729 0.0691 0.0710
June 0.0708 0.0687 0.0696
July 0.0731 0.0686 0.0707
August 0.0706 0.0680 0.0691
September 0.0700 0.0675 0.0682
October 0.0701 0.0678 0.0691
November 0.0728 0.0683 0.0709
December 0.0750 0.0716 0.0732