2024 KRW to BIF Historical Review

YEARLY HIGH

2.2306 BIF

YEARLY LOW

2.0006 BIF

YEARLY AVERAGE

2.1160 BIF

2024 KRW to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.2306. Conversely, the yearly low was recorded on December 31, dropping to 2.0006.

This high-to-low spread represents a total annual volatility of 0.2299 BIF. From a start-to-finish perspective, comparing the January average rate of 2.1542 to the December average rate of 2.0463, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2306 was down 0.36% compared to the 2023 peak of 2.2385, 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 11,152,822 BIF

2023 Average 9,748,572 BIF

Yearly Trough Low 10,003,152 BIF

Transaction Impact: A difference of 1,149,669.97 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1888

2.0333

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 2.1210, compared to 2.1110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 2.1210

H2 Avg (Jul–Dec) 2.1110

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1070 BIF (High: 2.2306 / Low: 2.1235). On the other end, February was the most stable month, with a tight range of 0.0298 BIF (High: 2.1584 / Low: 2.1286).

January Spread (Volatile) ±0.1070

February Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0552 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.1542) against the same month in 2023 (average: 1.6653), the exchange rate shifted by +0.4890 (+29.36%).

2024 Avg (January) 2.1542

2023 Avg (January) 1.6653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2306	2.1235	2.1542
February	2.1584	2.1286	2.1462
March	2.1844	2.1184	2.1471
April	2.1262	2.0591	2.0919
May	2.1293	2.0787	2.1043
June	2.1071	2.0645	2.0821
July	2.1032	2.0710	2.0825
August	2.1756	2.0939	2.1339
September	2.2091	2.1518	2.1759
October	2.1927	2.0949	2.1333
November	2.1220	2.0585	2.0941
December	2.1053	2.0006	2.0463