2023 KRW to SLL Historical Review

YEARLY HIGH

16.4676 SLL

YEARLY LOW

13.1523 SLL

YEARLY AVERAGE

14.6012 SLL

2023 KRW to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 16.4676. Conversely, the yearly low was recorded on May 1, dropping to 13.1523.

This high-to-low spread represents a total annual volatility of 3.3153 SLL. From a start-to-finish perspective, comparing the January average rate of 14.2185 to the December average rate of 16.1135, the exchange rate registered a net change of 13.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.4676 was up 17.52% compared to the 2022 peak of 14.0125, 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 82,337,951 SLL

2022 Average 52,991,892 SLL

Yearly Trough Low 65,761,309 SLL

Transaction Impact: A difference of 16,576,642.37 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.3945

13.0220

JanuMarcMayJulySeptNove

KRW to SLL 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 13.6454, compared to 15.5570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9116 points.

H1 Avg (Jan–Jun) 13.6454

H2 Avg (Jul–Dec) 15.5570

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 3.0474 SLL (High: 16.4676 / Low: 13.4202). On the other end, October was the most stable month, with a tight range of 0.2441 SLL (High: 15.6621 / Low: 15.4180).

July Spread (Volatile) ±3.0474

October Spread (Stable) ±0.2441

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 14.0832) against the same month in 2022 (average: 10.3540), the exchange rate shifted by +3.7292 (+36.02%).

2023 Avg (July) 14.0832

2022 Avg (July) 10.3540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3613	13.8072	14.2185
February	14.4526	13.3623	13.8092
March	13.7296	13.3230	13.5362
April	13.5696	13.1695	13.3682
May	13.4418	13.1523	13.3030
June	13.9320	13.3482	13.6371
July	16.4676	13.4202	14.0832
August	16.2630	15.6060	15.8445
September	15.9047	15.4835	15.7212
October	15.6621	15.4180	15.5295
November	16.2795	15.5529	16.0500
December	16.3051	15.9142	16.1135