2023 KRW to AED Historical Review

YEARLY HIGH

0.0030 AED

YEARLY LOW

0.0027 AED

YEARLY AVERAGE

0.0028 AED

2023 KRW to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0030. Conversely, the yearly low was recorded on October 3, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0003 AED. From a start-to-finish perspective, comparing the January average rate of 0.0030 to the December average rate of 0.0028, the exchange rate registered a net change of -4.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0030 was down 2.98% compared to the 2022 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,025 AED

2022 Average 14,262 AED

Yearly Trough Low 13,503 AED

Transaction Impact: A difference of 1,522.02 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0030

0.0027

JanuMarcMayJulySeptNove

KRW to AED 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 0.0028, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0028

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 AED (High: 0.0030 / Low: 0.0028). On the other end, October was the most stable month, with a tight range of 0.0000 AED (High: 0.0027 / Low: 0.0027).

February Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0029) against the same month in 2022 (average: 0.0031), the exchange rate shifted by -0.0002 (-6.35%).

2023 Avg (February) 0.0029

2022 Avg (February) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0030	0.0029	0.0030
February	0.0030	0.0028	0.0029
March	0.0029	0.0028	0.0028
April	0.0028	0.0027	0.0028
May	0.0028	0.0027	0.0028
June	0.0029	0.0028	0.0028
July	0.0029	0.0028	0.0029
August	0.0028	0.0027	0.0028
September	0.0028	0.0027	0.0028
October	0.0027	0.0027	0.0027
November	0.0029	0.0027	0.0028
December	0.0029	0.0028	0.0028