2023 BND to KRW Historical Review

YEARLY HIGH

1014.1967 KRW

YEARLY LOW

929.2737 KRW

YEARLY AVERAGE

972.8245 KRW

2023 BND to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1014.1967. Conversely, the yearly low was recorded on January 8, dropping to 929.2737.

This high-to-low spread represents a total annual volatility of 84.9230 KRW. From a start-to-finish perspective, comparing the January average rate of 936.3937 to the December average rate of 976.8237, the exchange rate registered a net change of 4.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1014.1967 was down 0.64% compared to the 2022 peak of 1020.7634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,070,984 KRW

2022 Average 4,681,460 KRW

Yearly Trough Low 4,646,368 KRW

Transaction Impact: A difference of 424,615.23 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

999.2040

930.6836

JanuMarcMayJulySeptNove

BND to KRW 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 969.8971, compared to 975.7519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8548 points.

H1 Avg (Jan–Jun) 969.8971

H2 Avg (Jul–Dec) 975.7519

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 49.2263 KRW (High: 980.3529 / Low: 931.1266). On the other end, October was the most stable month, with a tight range of 13.7911 KRW (High: 991.9893 / Low: 978.1982).

February Spread (Volatile) ±49.2263

October Spread (Stable) ±13.7911

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 29.2202 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -29.2202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 993.4940) against the same month in 2022 (average: 904.7415), the exchange rate shifted by +88.7524 (+9.81%).

2023 Avg (April) 993.4940

2022 Avg (April) 904.7415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	950.8932	929.2737	936.3937
February	980.3529	931.1266	960.8012
March	988.3005	961.7019	974.1247
April	1014.1967	982.4765	993.4940
May	1010.6063	975.9376	991.8946
June	978.7599	945.2619	962.6745
July	976.4761	952.7540	962.9012
August	989.3881	966.5345	980.0496
September	992.1904	969.0092	979.1250
October	991.9893	978.1982	986.5658
November	983.7735	957.8169	969.0460
December	983.9966	962.3502	976.8237