2021 KRW to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000,000 KRW based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |