YEARLY HIGH
0.1466 LRD
YEARLY LOW
0.1170 LRD
YEARLY AVERAGE
0.1337 LRD

2023 KRW to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1466. Conversely, the yearly low was recorded on February 26, dropping to 0.1170.

This high-to-low spread represents a total annual volatility of 0.0296 LRD. From a start-to-finish perspective, comparing the January average rate of 0.1251 to the December average rate of 0.1446, the exchange rate registered a net change of 15.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1466 was up 13.37% compared to the 2022 peak of 0.1293, 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 732,757 LRD
2022 Average 593,427 LRD
Yearly Trough Low 584,781 LRD
Transaction Impact: A difference of 147,975.08 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1469
0.1200
JanuMarcMayJulySeptNove

KRW to LRD 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 0.1256, compared to 0.1417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.1256
H2 Avg (Jul–Dec) 0.1417

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0114 LRD (High: 0.1284 / Low: 0.1170). On the other end, October was the most stable month, with a tight range of 0.0023 LRD (High: 0.1395 / Low: 0.1373).

February Spread (Volatile) ±0.0114
October Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1446) against the same month in 2022 (average: 0.1192), the exchange rate shifted by +0.0255 (+21.37%).

2023 Avg (December) 0.1446
2022 Avg (December) 0.1192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1274 0.1208 0.1251
February 0.1284 0.1170 0.1223
March 0.1251 0.1184 0.1222
April 0.1251 0.1219 0.1234
May 0.1279 0.1232 0.1258
June 0.1383 0.1288 0.1348
July 0.1461 0.1368 0.1430
August 0.1446 0.1386 0.1408
September 0.1411 0.1377 0.1397
October 0.1395 0.1373 0.1384
November 0.1460 0.1391 0.1437
December 0.1466 0.1427 0.1446