YEARLY HIGH
0.1454 DJF
YEARLY LOW
0.1308 DJF
YEARLY AVERAGE
0.1362 DJF

2023 KRW to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1454. Conversely, the yearly low was recorded on October 3, dropping to 0.1308.

This high-to-low spread represents a total annual volatility of 0.0145 DJF. From a start-to-finish perspective, comparing the January average rate of 0.1431 to the December average rate of 0.1369, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1454 was down 3.12% compared to the 2022 peak of 0.1500, 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 726,769 DJF
2022 Average 691,240 DJF
Yearly Trough Low 654,242 DJF
Transaction Impact: A difference of 72,527.07 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1442
0.1306
JanuMarcMayJulySeptNove

KRW to DJF 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 0.1373, compared to 0.1351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1373
H2 Avg (Jul–Dec) 0.1351

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0108 DJF (High: 0.1454 / Low: 0.1345). On the other end, October was the most stable month, with a tight range of 0.0021 DJF (High: 0.1329 / Low: 0.1308).

February Spread (Volatile) ±0.0108
October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1391) against the same month in 2022 (average: 0.1485), the exchange rate shifted by -0.0094 (-6.31%).

2023 Avg (February) 0.1391
2022 Avg (February) 0.1485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1448 0.1389 0.1431
February 0.1454 0.1345 0.1391
March 0.1382 0.1341 0.1361
April 0.1366 0.1313 0.1344
May 0.1353 0.1322 0.1339
June 0.1408 0.1342 0.1374
July 0.1405 0.1344 0.1383
August 0.1381 0.1324 0.1344
September 0.1349 0.1315 0.1335
October 0.1329 0.1308 0.1317
November 0.1384 0.1321 0.1360
December 0.1389 0.1352 0.1369