YEARLY HIGH
0.0045 SEK
YEARLY LOW
0.0040 SEK
YEARLY AVERAGE
0.0042 SEK

2023 SYP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.0045. Conversely, the yearly low was recorded on December 27, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0005 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0041, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0045 was down 1.26% compared to the 2022 peak of 0.0045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 SEK
2022 Average 20 SEK
Yearly Trough Low 20 SEK
Transaction Impact: A difference of 2.56 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0044
0.0040
JanuMarcMayJulySeptNove

SYP 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 0.0042, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 SEK (High: 0.0044 / Low: 0.0041). On the other end, April was the most stable month, with a tight range of 0.0001 SEK (High: 0.0042 / Low: 0.0041).

November Spread (Volatile) ±0.0003
April Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0044) against the same month in 2022 (average: 0.0044), the exchange rate shifted by -0.0000 (-0.96%).

2023 Avg (October) 0.0044
2022 Avg (October) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0041 0.0041
February 0.0042 0.0041 0.0042
March 0.0043 0.0041 0.0042
April 0.0042 0.0041 0.0041
May 0.0043 0.0040 0.0042
June 0.0043 0.0042 0.0043
July 0.0044 0.0041 0.0042
August 0.0044 0.0042 0.0043
September 0.0045 0.0043 0.0044
October 0.0045 0.0043 0.0044
November 0.0044 0.0041 0.0042
December 0.0042 0.0040 0.0041