YEARLY HIGH
0.0067 SBD
YEARLY LOW
0.0057 SBD
YEARLY AVERAGE
0.0062 SBD

2024 KRW to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0067. Conversely, the yearly low was recorded on December 31, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0010 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0058, the exchange rate registered a net change of -8.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0067 was down 1.17% compared to the 2023 peak of 0.0067, 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 33,331 SBD
2023 Average 31,962 SBD
Yearly Trough Low 28,355 SBD
Transaction Impact: A difference of 4,976.59 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0064
0.0058
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 0.0063, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0004 SBD (High: 0.0067 / Low: 0.0063). On the other end, July was the most stable month, with a tight range of 0.0001 SBD (High: 0.0062 / Low: 0.0061).

March Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0064) against the same month in 2023 (average: 0.0063), the exchange rate shifted by +0.0000 (+0.76%).

2024 Avg (March) 0.0064
2023 Avg (March) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0062 0.0064
February 0.0064 0.0063 0.0063
March 0.0067 0.0063 0.0064
April 0.0063 0.0061 0.0062
May 0.0063 0.0061 0.0062
June 0.0062 0.0061 0.0061
July 0.0062 0.0061 0.0061
August 0.0064 0.0062 0.0063
September 0.0063 0.0062 0.0063
October 0.0063 0.0060 0.0061
November 0.0060 0.0059 0.0060
December 0.0060 0.0057 0.0058