2023 GMD to KRW Historical Review

YEARLY HIGH

22.5226 KRW

YEARLY LOW

19.1019 KRW

YEARLY AVERAGE

21.0029 KRW

2023 GMD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 22.5226. Conversely, the yearly low was recorded on December 14, dropping to 19.1019.

This high-to-low spread represents a total annual volatility of 3.4207 KRW. From a start-to-finish perspective, comparing the January average rate of 20.0334 to the December average rate of 19.3227, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.5226 was down 13.81% compared to the 2022 peak of 26.1328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112,613 KRW

2022 Average 116,753 KRW

Yearly Trough Low 95,509 KRW

Transaction Impact: A difference of 17,103.57 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.5055

19.0333

JanuMarcMayJulySeptNove

GMD 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 21.2681, compared to 20.7376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5306 points.

H1 Avg (Jan–Jun) 21.2681

H2 Avg (Jul–Dec) 20.7376

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.7945 KRW (High: 21.6367 / Low: 19.8421). On the other end, December was the most stable month, with a tight range of 0.4625 KRW (High: 19.5644 / Low: 19.1019).

February Spread (Volatile) ±1.7945

December Spread (Stable) ±0.4625

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 1.0429 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.0429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 22.2162) against the same month in 2022 (average: 23.4846), the exchange rate shifted by -1.2685 (-5.40%).

2023 Avg (May) 22.2162

2022 Avg (May) 23.4846

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.6356	19.6924	20.0334
February	21.6367	19.8421	20.9466
March	21.6827	20.8601	21.2606
April	22.3214	20.8985	21.3718
May	22.5226	21.8929	22.2162
June	22.2139	21.3819	21.7803
July	22.1041	21.2119	21.5454
August	22.1912	21.3565	21.8475
September	22.0698	20.6069	21.5927
October	21.0165	20.3656	20.5800
November	20.7267	19.1395	19.5371
December	19.5644	19.1019	19.3227