2024 FKP to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FKP to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FKP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1853.7366. Conversely, the yearly low was recorded on January 1, dropping to 1629.9558.
This high-to-low spread represents a total annual volatility of 223.7807 KRW. From a start-to-finish perspective, comparing the January average rate of 1683.4505 to the December average rate of 1820.1915, the exchange rate registered a net change of 8.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1853.7366 was up 8.34% compared to the 2023 peak of 1711.0200, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FKP to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1708.7217, compared to 1776.7295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.0077 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 81.1444 KRW (High: 1853.7366 / Low: 1772.5922). On the other end, June was the most stable month, with a tight range of 18.4272 KRW (High: 1765.2317 / Low: 1746.8045).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 31.3917 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 1820.1915) against the same month in 2023 (average: 1648.3565), the exchange rate shifted by +171.8350 (+10.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1705.3204 | 1629.9558 | 1683.4505 |
| February | 1695.1945 | 1668.5133 | 1683.1195 |
| March | 1704.4987 | 1678.9013 | 1693.2179 |
| April | 1731.0325 | 1699.9471 | 1713.6947 |
| May | 1761.6423 | 1698.5985 | 1723.4427 |
| June | 1765.2317 | 1746.8045 | 1755.4051 |
| July | 1797.4339 | 1749.4679 | 1779.0803 |
| August | 1764.4915 | 1730.0068 | 1747.6887 |
| September | 1781.1094 | 1742.4188 | 1758.3817 |
| October | 1801.1645 | 1753.1442 | 1776.6281 |
| November | 1806.2070 | 1754.3721 | 1778.4066 |
| December | 1853.7366 | 1772.5922 | 1820.1915 |