YEARLY HIGH
38.8802 IRR
YEARLY LOW
35.1831 IRR
YEARLY AVERAGE
36.8527 IRR

2021 KRW to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 38.8802. Conversely, the yearly low was recorded on November 8, dropping to 35.1831.

This high-to-low spread represents a total annual volatility of 3.6971 IRR. From a start-to-finish perspective, comparing the January average rate of 38.2900 to the December average rate of 35.6828, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 38.8802 was down 29.72% compared to the 2020 peak of 55.3219, 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 194,400,934 IRR
2020 Average 179,025,176 IRR
Yearly Trough Low 175,915,370 IRR
Transaction Impact: A difference of 18,485,563.84 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

38.5571
35.3509
JanuMarcMayJulySeptNove

KRW to IRR 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 37.6804, compared to 36.0250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6554 points.

H1 Avg (Jan–Jun) 37.6804
H2 Avg (Jul–Dec) 36.0250

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 1.2954 IRR (High: 38.1898 / Low: 36.8944). On the other end, December was the most stable month, with a tight range of 0.5762 IRR (High: 36.0508 / Low: 35.4746).

March Spread (Volatile) ±1.2954
December Spread (Stable) ±0.5762

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.6904 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6904

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 38.2900) against the same month in 2020 (average: 36.1115), the exchange rate shifted by +2.1785 (+6.03%).

2021 Avg (January) 38.2900
2020 Avg (January) 36.1115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.8802 37.6459 38.2900
February 38.1964 37.4305 37.8660
March 38.1898 36.8944 37.2562
April 38.0136 37.2680 37.6337
May 38.0016 37.0559 37.5334
June 37.9937 37.0887 37.5032
July 37.2465 36.5138 36.8128
August 36.8620 35.7998 36.3391
September 36.5109 35.5111 35.9830
October 36.1711 35.2206 35.7140
November 35.8750 35.1831 35.6181
December 36.0508 35.4746 35.6828