YEARLY HIGH
0.4774 SDG
YEARLY LOW
0.4237 SDG
YEARLY AVERAGE
0.4567 SDG

2023 KRW to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.4774. Conversely, the yearly low was recorded on November 20, dropping to 0.4237.

This high-to-low spread represents a total annual volatility of 0.0537 SDG. From a start-to-finish perspective, comparing the January average rate of 0.4643 to the December average rate of 0.4618, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4774 was up 5.12% compared to the 2022 peak of 0.4541, 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 2,386,942 SDG
2022 Average 1,927,327 SDG
Yearly Trough Low 2,118,611 SDG
Transaction Impact: A difference of 268,331.20 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4701
0.4427
JanuMarcMayJulySeptNove

KRW to SDG 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 0.4571, compared to 0.4563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4571
H2 Avg (Jul–Dec) 0.4563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0425 SDG (High: 0.4662 / Low: 0.4237). On the other end, October was the most stable month, with a tight range of 0.0062 SDG (High: 0.4481 / Low: 0.4419).

November Spread (Volatile) ±0.0425
October Spread (Stable) ±0.0062

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 July and August, when the average rate fell by 0.0134 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4577) against the same month in 2022 (average: 0.3700), the exchange rate shifted by +0.0877 (+23.71%).

2023 Avg (February) 0.4577
2022 Avg (February) 0.3700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4736 0.4479 0.4643
February 0.4774 0.4459 0.4577
March 0.4586 0.4379 0.4519
April 0.4609 0.4268 0.4525
May 0.4573 0.4458 0.4519
June 0.4740 0.4545 0.4641
July 0.4752 0.4570 0.4678
August 0.4665 0.4473 0.4544
September 0.4562 0.4441 0.4508
October 0.4481 0.4419 0.4450
November 0.4662 0.4237 0.4582
December 0.4673 0.4561 0.4618