YEARLY HIGH
3.0038 KRW
YEARLY LOW
2.6777 KRW
YEARLY AVERAGE
2.8676 KRW

2023 KMF to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 3.0038. Conversely, the yearly low was recorded on January 9, dropping to 2.6777.

This high-to-low spread represents a total annual volatility of 0.3261 KRW. From a start-to-finish perspective, comparing the January average rate of 2.7187 to the December average rate of 2.8849, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0038 was up 3.24% compared to the 2022 peak of 2.9096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,019 KRW
2022 Average 13,812 KRW
Yearly Trough Low 13,389 KRW
Transaction Impact: A difference of 1,630.51 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9665
2.6961
JanuMarcMayJulySeptNove

KMF 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 2.8427, compared to 2.8925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0498 points.

H1 Avg (Jan–Jun) 2.8427
H2 Avg (Jul–Dec) 2.8925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1645 KRW (High: 2.9340 / Low: 2.7695). On the other end, October was the most stable month, with a tight range of 0.0367 KRW (High: 2.9132 / Low: 2.8766).

June Spread (Volatile) ±0.1645
October Spread (Stable) ±0.0367

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0817 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.9440) against the same month in 2022 (average: 2.7173), the exchange rate shifted by +0.2267 (+8.34%).

2023 Avg (April) 2.9440
2022 Avg (April) 2.7173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7597 2.6777 2.7187
February 2.8439 2.7086 2.7811
March 2.8880 2.7843 2.8334
April 3.0038 2.8880 2.9440
May 2.9979 2.8657 2.9303
June 2.9340 2.7695 2.8486
July 2.9305 2.8492 2.8842
August 2.9760 2.8762 2.9320
September 2.9276 2.8695 2.8940
October 2.9132 2.8766 2.8962
November 2.9233 2.8015 2.8637
December 2.9213 2.8206 2.8849