YEARLY HIGH
1.7934 BIF
YEARLY LOW
1.6589 BIF
YEARLY AVERAGE
1.7256 BIF

2021 KRW to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.7934. Conversely, the yearly low was recorded on November 8, dropping to 1.6589.

This high-to-low spread represents a total annual volatility of 0.1345 BIF. From a start-to-finish perspective, comparing the January average rate of 1.7702 to the December average rate of 1.6867, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7934 was down 0.16% compared to the 2020 peak of 1.7963, 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 8,967,218 BIF
2020 Average 8,128,746 BIF
Yearly Trough Low 8,294,479 BIF
Transaction Impact: A difference of 672,738.90 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7791
1.6714
JanuMarcMayJulySeptNove

KRW to BIF 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 1.7530, compared to 1.6982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0549 points.

H1 Avg (Jan–Jun) 1.7530
H2 Avg (Jul–Dec) 1.6982

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0590 BIF (High: 1.7698 / Low: 1.7108). On the other end, December was the most stable month, with a tight range of 0.0237 BIF (High: 1.7018 / Low: 1.6782).

March Spread (Volatile) ±0.0590
December Spread (Stable) ±0.0237

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0307 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.7702) against the same month in 2020 (average: 1.6164), the exchange rate shifted by +0.1538 (+9.51%).

2021 Avg (January) 1.7702
2020 Avg (January) 1.6164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7934 1.7352 1.7702
February 1.7757 1.7283 1.7543
March 1.7698 1.7108 1.7300
April 1.7651 1.7276 1.7464
May 1.7791 1.7348 1.7553
June 1.7828 1.7442 1.7621
July 1.7513 1.7179 1.7314
August 1.7362 1.6843 1.7095
September 1.7172 1.6752 1.6956
October 1.7069 1.6607 1.6855
November 1.6920 1.6589 1.6804
December 1.7018 1.6782 1.6867