2023 TRY to SEK Historical Review

YEARLY HIGH

0.5693 SEK

YEARLY LOW

0.3378 SEK

YEARLY AVERAGE

0.4594 SEK

2023 TRY to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5693. Conversely, the yearly low was recorded on December 28, dropping to 0.3378.

This high-to-low spread represents a total annual volatility of 0.2315 SEK. From a start-to-finish perspective, comparing the January average rate of 0.5533 to the December average rate of 0.3521, the exchange rate registered a net change of -36.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5693 was down 18.85% compared to the 2022 peak of 0.7016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 28,467 SEK

2022 Average 30,758 SEK

Yearly Trough Low 16,890 SEK

Transaction Impact: A difference of 11,577.07 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5750

0.3318

JanuMarcMayJulySeptNove

TRY 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 0.5304, compared to 0.3885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1418 points.

H1 Avg (Jan–Jun) 0.5304

H2 Avg (Jul–Dec) 0.3885

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1061 SEK (High: 0.5172 / Low: 0.4111). On the other end, October was the most stable month, with a tight range of 0.0121 SEK (High: 0.4025 / Low: 0.3904).

June Spread (Volatile) ±0.1061

October Spread (Stable) ±0.0121

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 May and June, when the average rate fell by 0.0741 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5533) against the same month in 2022 (average: 0.6765), the exchange rate shifted by -0.1232 (-18.22%).

2023 Avg (January) 0.5533

2022 Avg (January) 0.6765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5693	0.5422	0.5533
February	0.5636	0.5480	0.5547
March	0.5671	0.5400	0.5531
April	0.5455	0.5275	0.5350
May	0.5417	0.5198	0.5301
June	0.5172	0.4111	0.4560
July	0.4198	0.3788	0.3979
August	0.4249	0.3918	0.4026
September	0.4152	0.3979	0.4107
October	0.4025	0.3904	0.3953
November	0.3940	0.3566	0.3726
December	0.3626	0.3378	0.3521