2023 GNF to KRW Historical Review

YEARLY HIGH

0.1582 KRW

YEARLY LOW

0.1398 KRW

YEARLY AVERAGE

0.1516 KRW

2023 GNF to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.1582. Conversely, the yearly low was recorded on January 27, dropping to 0.1398.

This high-to-low spread represents a total annual volatility of 0.0184 KRW. From a start-to-finish perspective, comparing the January average rate of 0.1434 to the December average rate of 0.1513, the exchange rate registered a net change of 5.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1582 was down 5.29% compared to the 2022 peak of 0.1670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 791 KRW

2022 Average 734 KRW

Yearly Trough Low 699 KRW

Transaction Impact: A difference of 92.08 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1584

0.1420

JanuMarcMayJulySeptNove

GNF 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 0.1501, compared to 0.1530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1501

H2 Avg (Jul–Dec) 0.1530

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0118 KRW (High: 0.1528 / Low: 0.1411). On the other end, October was the most stable month, with a tight range of 0.0027 KRW (High: 0.1582 / Low: 0.1554).

February Spread (Volatile) ±0.0118

October Spread (Stable) ±0.0027

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 0.0051 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1570) against the same month in 2022 (average: 0.1645), the exchange rate shifted by -0.0075 (-4.55%).

2023 Avg (October) 0.1570

2022 Avg (October) 0.1645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1474	0.1398	0.1434
February	0.1528	0.1411	0.1481
March	0.1542	0.1472	0.1511
April	0.1573	0.1507	0.1537
May	0.1564	0.1523	0.1540
June	0.1535	0.1470	0.1502
July	0.1541	0.1468	0.1493
August	0.1561	0.1495	0.1537
September	0.1573	0.1535	0.1550
October	0.1582	0.1554	0.1570
November	0.1565	0.1496	0.1519
December	0.1532	0.1494	0.1513