YEARLY HIGH
2.1865 CDF
YEARLY LOW
1.9305 CDF
YEARLY AVERAGE
2.0651 CDF

2024 KRW to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.1865. Conversely, the yearly low was recorded on December 27, dropping to 1.9305.

This high-to-low spread represents a total annual volatility of 0.2560 CDF. From a start-to-finish perspective, comparing the January average rate of 2.0549 to the December average rate of 1.9815, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1865 was up 1.30% compared to the 2023 peak of 2.1584, 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 10,932,653 CDF
2023 Average 8,943,802 CDF
Yearly Trough Low 9,652,725 CDF
Transaction Impact: A difference of 1,279,927.21 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1576
1.9655
JanuMarcMayJulySeptNove

KRW to CDF 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 2.0572, compared to 2.0731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0159 points.

H1 Avg (Jan–Jun) 2.0572
H2 Avg (Jul–Dec) 2.0731

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1465 CDF (High: 2.1377 / Low: 1.9912). On the other end, February was the most stable month, with a tight range of 0.0345 CDF (High: 2.0832 / Low: 2.0487).

January Spread (Volatile) ±0.1465
February Spread (Stable) ±0.0345

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0692 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0692

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.1416) against the same month in 2023 (average: 1.8621), the exchange rate shifted by +0.2795 (+15.01%).

2024 Avg (September) 2.1416
2023 Avg (September) 1.8621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1377 1.9912 2.0549
February 2.0832 2.0487 2.0685
March 2.1160 2.0546 2.0821
April 2.0953 2.0015 2.0379
May 2.0787 2.0268 2.0498
June 2.0690 2.0212 2.0499
July 2.0918 2.0386 2.0573
August 2.1490 2.0667 2.1104
September 2.1865 2.1134 2.1416
October 2.1552 2.0501 2.0969
November 2.0715 2.0341 2.0507
December 2.0506 1.9305 1.9815