YEARLY HIGH
0.0284 KRW
YEARLY LOW
0.0257 KRW
YEARLY AVERAGE
0.0272 KRW

2021 IRR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0284. Conversely, the yearly low was recorded on January 2, dropping to 0.0257.

This high-to-low spread represents a total annual volatility of 0.0027 KRW. From a start-to-finish perspective, comparing the January average rate of 0.0261 to the December average rate of 0.0280, the exchange rate registered a net change of 7.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0284 was down 5.13% compared to the 2020 peak of 0.0300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 KRW
2020 Average 140 KRW
Yearly Trough Low 129 KRW
Transaction Impact: A difference of 13.51 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0283
0.0259
JanuMarcMayJulySeptNove

IRR 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 0.0265, compared to 0.0278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0265
H2 Avg (Jul–Dec) 0.0278

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0009 KRW (High: 0.0271 / Low: 0.0262). On the other end, December was the most stable month, with a tight range of 0.0005 KRW (High: 0.0282 / Low: 0.0277).

March Spread (Volatile) ±0.0009
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0281) against the same month in 2020 (average: 0.0265), the exchange rate shifted by +0.0016 (+6.02%).

2021 Avg (November) 0.0281
2020 Avg (November) 0.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0266 0.0257 0.0261
February 0.0267 0.0262 0.0264
March 0.0271 0.0262 0.0268
April 0.0268 0.0263 0.0266
May 0.0270 0.0263 0.0266
June 0.0270 0.0263 0.0267
July 0.0274 0.0268 0.0272
August 0.0279 0.0271 0.0275
September 0.0282 0.0274 0.0278
October 0.0284 0.0276 0.0280
November 0.0284 0.0279 0.0281
December 0.0282 0.0277 0.0280