YEARLY HIGH
0.0067 SBD
YEARLY LOW
0.0062 SBD
YEARLY AVERAGE
0.0064 SBD

2023 KRW to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0067. Conversely, the yearly low was recorded on May 1, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0006 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0065, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0067 was down 0.93% compared to the 2022 peak of 0.0068, 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 33,726 SBD
2022 Average 31,589 SBD
Yearly Trough Low 30,898 SBD
Transaction Impact: A difference of 2,827.91 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0067
0.0062
JanuMarcMayJulySeptNove

KRW to SBD 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 0.0064, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0005 SBD (High: 0.0067 / Low: 0.0062). On the other end, October was the most stable month, with a tight range of 0.0001 SBD (High: 0.0063 / Low: 0.0062).

February Spread (Volatile) ±0.0005
October Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0064) against the same month in 2022 (average: 0.0068), the exchange rate shifted by -0.0003 (-4.68%).

2023 Avg (February) 0.0064
2022 Avg (February) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0067 0.0065 0.0067
February 0.0067 0.0062 0.0064
March 0.0064 0.0062 0.0063
April 0.0064 0.0062 0.0063
May 0.0063 0.0062 0.0063
June 0.0066 0.0063 0.0064
July 0.0066 0.0063 0.0065
August 0.0065 0.0062 0.0063
September 0.0064 0.0062 0.0063
October 0.0063 0.0062 0.0062
November 0.0066 0.0062 0.0065
December 0.0066 0.0064 0.0065