YEARLY HIGH
0.0891 ALL
YEARLY LOW
0.0701 ALL
YEARLY AVERAGE
0.0771 ALL

2023 KRW to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0891. Conversely, the yearly low was recorded on July 20, dropping to 0.0701.

This high-to-low spread represents a total annual volatility of 0.0189 ALL. From a start-to-finish perspective, comparing the January average rate of 0.0869 to the December average rate of 0.0724, the exchange rate registered a net change of -16.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0891 was down 5.20% compared to the 2022 peak of 0.0939, 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 445,257 ALL
2022 Average 438,252 ALL
Yearly Trough Low 350,713 ALL
Transaction Impact: A difference of 94,544.32 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0883
0.0709
JanuMarcMayJulySeptNove

KRW to ALL 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 0.0807, compared to 0.0735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.0807
H2 Avg (Jul–Dec) 0.0735

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0063 ALL (High: 0.0773 / Low: 0.0710). On the other end, October was the most stable month, with a tight range of 0.0013 ALL (High: 0.0746 / Low: 0.0733).

August Spread (Volatile) ±0.0063
October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0869) against the same month in 2022 (average: 0.0896), the exchange rate shifted by -0.0028 (-3.09%).

2023 Avg (January) 0.0869
2022 Avg (January) 0.0896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0891 0.0837 0.0869
February 0.0875 0.0820 0.0845
March 0.0837 0.0798 0.0819
April 0.0798 0.0748 0.0775
May 0.0785 0.0753 0.0770
June 0.0781 0.0740 0.0765
July 0.0753 0.0701 0.0727
August 0.0773 0.0710 0.0732
September 0.0759 0.0741 0.0751
October 0.0746 0.0733 0.0742
November 0.0752 0.0716 0.0735
December 0.0734 0.0713 0.0724