2024 KRW to GMD Historical Review

YEARLY HIGH

0.0535 GMD

YEARLY LOW

0.0486 GMD

YEARLY AVERAGE

0.0505 GMD

2024 KRW to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0535. Conversely, the yearly low was recorded on June 26, dropping to 0.0486.

This high-to-low spread represents a total annual volatility of 0.0049 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0508 to the December average rate of 0.0499, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0535 was up 2.17% compared to the 2023 peak of 0.0524, 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 267,447 GMD

2023 Average 238,570 GMD

Yearly Trough Low 242,987 GMD

Transaction Impact: A difference of 24,459.95 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0526

0.0487

JanuMarcMayJulySeptNove

KRW to GMD 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 0.0501, compared to 0.0508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0501

H2 Avg (Jul–Dec) 0.0508

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0031 GMD (High: 0.0535 / Low: 0.0504). On the other end, February was the most stable month, with a tight range of 0.0008 GMD (High: 0.0512 / Low: 0.0504).

August Spread (Volatile) ±0.0031

February Spread (Stable) ±0.0008

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 September and October, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0517) against the same month in 2023 (average: 0.0458), the exchange rate shifted by +0.0060 (+13.02%).

2024 Avg (August) 0.0517

2023 Avg (August) 0.0458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0526	0.0500	0.0508
February	0.0512	0.0504	0.0507
March	0.0518	0.0503	0.0510
April	0.0505	0.0488	0.0496
May	0.0503	0.0490	0.0497
June	0.0496	0.0486	0.0491
July	0.0508	0.0488	0.0491
August	0.0535	0.0504	0.0517
September	0.0532	0.0513	0.0523
October	0.0528	0.0500	0.0509
November	0.0520	0.0506	0.0510
December	0.0509	0.0487	0.0499