YEARLY HIGH
0.0196 SEK
YEARLY LOW
0.0174 SEK
YEARLY AVERAGE
0.0186 SEK

2023 SOS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.0196. Conversely, the yearly low was recorded on December 27, dropping to 0.0174.

This high-to-low spread represents a total annual volatility of 0.0022 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0183 to the December average rate of 0.0179, the exchange rate registered a net change of -1.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0196 was down 1.86% compared to the 2022 peak of 0.0200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98 SEK
2022 Average 88 SEK
Yearly Trough Low 87 SEK
Transaction Impact: A difference of 11.13 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0196
0.0178
JanuMarcMayJulySeptNove

SOS to SEK 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 0.0185, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0185
H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0015 SEK (High: 0.0195 / Low: 0.0180). On the other end, April was the most stable month, with a tight range of 0.0005 SEK (High: 0.0185 / Low: 0.0181).

November Spread (Volatile) ±0.0015
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0193) against the same month in 2022 (average: 0.0196), the exchange rate shifted by -0.0003 (-1.42%).

2023 Avg (October) 0.0193
2022 Avg (October) 0.0196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0188 0.0179 0.0183
February 0.0187 0.0181 0.0184
March 0.0190 0.0181 0.0185
April 0.0185 0.0181 0.0182
May 0.0191 0.0178 0.0184
June 0.0192 0.0186 0.0189
July 0.0192 0.0179 0.0185
August 0.0194 0.0186 0.0190
September 0.0196 0.0191 0.0195
October 0.0196 0.0191 0.0193
November 0.0195 0.0180 0.0187
December 0.0184 0.0174 0.0179