2024 KRW to CNY Historical Review

YEARLY HIGH

0.0055 CNY

YEARLY LOW

0.0049 CNY

YEARLY AVERAGE

0.0053 CNY

2024 KRW to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0055. Conversely, the yearly low was recorded on December 31, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0006 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0051, the exchange rate registered a net change of -5.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0055 was down 3.17% compared to the 2023 peak of 0.0057, 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 27,637 CNY

2023 Average 27,084 CNY

Yearly Trough Low 24,683 CNY

Transaction Impact: A difference of 2,954.12 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0054

0.0050

JanuMarcMayJulySeptNove

KRW to CNY 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 0.0053, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0053

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0003 CNY (High: 0.0052 / Low: 0.0049). On the other end, November was the most stable month, with a tight range of 0.0001 CNY (High: 0.0052 / Low: 0.0051).

December Spread (Volatile) ±0.0003

November Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0054) against the same month in 2023 (average: 0.0055), the exchange rate shifted by -0.0001 (-1.79%).

2024 Avg (January) 0.0054

2023 Avg (January) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0053	0.0054
February	0.0054	0.0053	0.0054
March	0.0055	0.0053	0.0054
April	0.0054	0.0052	0.0053
May	0.0054	0.0051	0.0053
June	0.0053	0.0051	0.0052
July	0.0053	0.0052	0.0052
August	0.0054	0.0052	0.0053
September	0.0054	0.0053	0.0053
October	0.0053	0.0051	0.0052
November	0.0052	0.0051	0.0052
December	0.0052	0.0049	0.0051