YEARLY HIGH
187.8489 KRW
YEARLY LOW
166.1916 KRW
YEARLY AVERAGE
177.4492 KRW

2021 CNY to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 187.8489. Conversely, the yearly low was recorded on January 2, dropping to 166.1916.

This high-to-low spread represents a total annual volatility of 21.6572 KRW. From a start-to-finish perspective, comparing the January average rate of 169.8651 to the December average rate of 185.9306, the exchange rate registered a net change of 9.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 187.8489 was up 5.37% compared to the 2020 peak of 178.2700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 4,696,222 KRW
2020 Average 4,271,315 KRW
Yearly Trough Low 4,154,791 KRW
Transaction Impact: A difference of 541,430.91 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

187.5372
168.2586
JanuMarcMayJulySeptNove

CNY 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 172.6948, compared to 182.2037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5090 points.

H1 Avg (Jan–Jun) 172.6948
H2 Avg (Jul–Dec) 182.2037

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 7.8128 KRW (High: 174.0044 / Low: 166.1916). On the other end, April was the most stable month, with a tight range of 2.1651 KRW (High: 172.6404 / Low: 170.4753).

January Spread (Volatile) ±7.8128
April Spread (Stable) ±2.1651

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.0514 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -2.0514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 185.6613) against the same month in 2020 (average: 168.8840), the exchange rate shifted by +16.7773 (+9.93%).

2021 Avg (November) 185.6613
2020 Avg (November) 168.8840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 174.0044 166.1916 169.8651
February 173.6823 170.5036 172.0032
March 175.2687 170.5155 173.5589
April 172.6404 170.4753 171.5074
May 176.4594 172.6401 174.4901
June 177.0873 173.5582 174.7439
July 178.2759 174.6874 176.7427
August 181.5344 176.7413 179.1474
September 183.8838 178.9635 181.6438
October 185.7685 182.7890 184.0967
November 187.8489 184.0598 185.6613
December 187.0514 184.5471 185.9306