2023 CRC to KRW Historical Review

YEARLY HIGH

2.5599 KRW

YEARLY LOW

2.1024 KRW

YEARLY AVERAGE

2.4140 KRW

2023 CRC to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 2.5599. Conversely, the yearly low was recorded on January 9, dropping to 2.1024.

This high-to-low spread represents a total annual volatility of 0.4575 KRW. From a start-to-finish perspective, comparing the January average rate of 2.1626 to the December average rate of 2.4781, the exchange rate registered a net change of 14.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5599 was up 9.52% compared to the 2022 peak of 2.3374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,799 KRW

2022 Average 10,035 KRW

Yearly Trough Low 10,512 KRW

Transaction Impact: A difference of 2,287.54 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5764

2.1250

JanuMarcMayJulySeptNove

CRC 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 2.3597, compared to 2.4682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1086 points.

H1 Avg (Jan–Jun) 2.3597

H2 Avg (Jul–Dec) 2.4682

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1874 KRW (High: 2.3616 / Low: 2.1742). On the other end, December was the most stable month, with a tight range of 0.0520 KRW (High: 2.4962 / Low: 2.4442).

February Spread (Volatile) ±0.1874

December Spread (Stable) ±0.0520

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0755 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.5388) against the same month in 2022 (average: 2.2902), the exchange rate shifted by +0.2486 (+10.85%).

2023 Avg (October) 2.5388

2022 Avg (October) 2.2902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2316	2.1024	2.1626
February	2.3616	2.1742	2.2653
March	2.4444	2.3171	2.3923
April	2.5209	2.4184	2.4675
May	2.5165	2.4252	2.4709
June	2.4379	2.3394	2.3993
July	2.4404	2.3250	2.3790
August	2.5179	2.3658	2.4596
September	2.5279	2.4452	2.4907
October	2.5599	2.5013	2.5388
November	2.5406	2.4254	2.4632
December	2.4962	2.4442	2.4781