2023 KRW to SRD Historical Review

YEARLY HIGH

0.0304 SRD

YEARLY LOW

0.0247 SRD

YEARLY AVERAGE

0.0280 SRD

2023 KRW to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0304. Conversely, the yearly low was recorded on January 3, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0057 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0256 to the December average rate of 0.0287, the exchange rate registered a net change of 12.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0304 was up 20.37% compared to the 2022 peak of 0.0252, 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 151,881 SRD

2022 Average 93,503 SRD

Yearly Trough Low 123,516 SRD

Transaction Impact: A difference of 28,364.59 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0300

0.0252

JanuMarcMayJulySeptNove

KRW to SRD 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 0.0271, compared to 0.0289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0271

H2 Avg (Jul–Dec) 0.0289

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0022 SRD (High: 0.0277 / Low: 0.0255). On the other end, October was the most stable month, with a tight range of 0.0005 SRD (High: 0.0285 / Low: 0.0280).

March Spread (Volatile) ±0.0022

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0296) against the same month in 2022 (average: 0.0175), the exchange rate shifted by +0.0120 (+68.77%).

2023 Avg (July) 0.0296

2022 Avg (July) 0.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0263	0.0247	0.0256
February	0.0266	0.0253	0.0256
March	0.0277	0.0255	0.0265
April	0.0283	0.0273	0.0278
May	0.0287	0.0276	0.0281
June	0.0299	0.0285	0.0291
July	0.0304	0.0284	0.0296
August	0.0299	0.0284	0.0289
September	0.0292	0.0282	0.0287
October	0.0285	0.0280	0.0283
November	0.0295	0.0283	0.0291
December	0.0292	0.0284	0.0287