2023 SRD to SEK Historical Review

YEARLY HIGH

0.3382 SEK

YEARLY LOW

0.2669 SEK

YEARLY AVERAGE

0.2909 SEK

2023 SRD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3382. Conversely, the yearly low was recorded on July 18, dropping to 0.2669.

This high-to-low spread represents a total annual volatility of 0.0713 SEK. From a start-to-finish perspective, comparing the January average rate of 0.3266 to the December average rate of 0.2741, the exchange rate registered a net change of -16.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3382 was down 30.36% compared to the 2022 peak of 0.4857, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,691 SEK

2022 Average 2,124 SEK

Yearly Trough Low 1,335 SEK

Transaction Impact: A difference of 356.43 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3319

0.2689

JanuMarcMayJulySeptNove

SRD 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 0.2995, compared to 0.2824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.2995

H2 Avg (Jul–Dec) 0.2824

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0323 SEK (High: 0.3198 / Low: 0.2875). On the other end, September was the most stable month, with a tight range of 0.0085 SEK (High: 0.2935 / Low: 0.2849).

March Spread (Volatile) ±0.0323

September Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0226 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3266) against the same month in 2022 (average: 0.4326), the exchange rate shifted by -0.1060 (-24.50%).

2023 Avg (January) 0.3266

2022 Avg (January) 0.4326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3382	0.3159	0.3266
February	0.3291	0.3065	0.3188
March	0.3198	0.2875	0.3040
April	0.2899	0.2747	0.2814
May	0.2910	0.2698	0.2807
June	0.2908	0.2789	0.2855
July	0.2924	0.2669	0.2772
August	0.2895	0.2741	0.2831
September	0.2935	0.2849	0.2896
October	0.2953	0.2852	0.2890
November	0.2927	0.2721	0.2811
December	0.2799	0.2695	0.2741