2023 KRW to STD Historical Review

YEARLY HIGH

18.6734 STD

YEARLY LOW

16.3829 STD

YEARLY AVERAGE

17.3092 STD

2023 KRW to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 18.6734. Conversely, the yearly low was recorded on October 3, dropping to 16.3829.

This high-to-low spread represents a total annual volatility of 2.2905 STD. From a start-to-finish perspective, comparing the January average rate of 18.3709 to the December average rate of 17.1219, the exchange rate registered a net change of -6.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.6734 was up 0.27% compared to the 2022 peak of 18.6233, 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 93,366,838 STD

2022 Average 85,979,077 STD

Yearly Trough Low 81,914,467 STD

Transaction Impact: A difference of 11,452,371.17 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.5579

16.3144

JanuMarcMayJulySeptNove

KRW to STD 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 17.6304, compared to 16.9880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6425 points.

H1 Avg (Jan–Jun) 17.6304

H2 Avg (Jul–Dec) 16.9880

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.4086 STD (High: 18.6734 / Low: 17.2647). On the other end, October was the most stable month, with a tight range of 0.2594 STD (High: 16.6423 / Low: 16.3829).

February Spread (Volatile) ±1.4086

October Spread (Stable) ±0.2594

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 0.8730 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 17.8421) against the same month in 2022 (average: 17.6515), the exchange rate shifted by +0.1906 (+1.08%).

2023 Avg (February) 17.8421

2022 Avg (February) 17.6515

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5554	17.8395	18.3709
February	18.6734	17.2647	17.8421
March	17.7392	17.2140	17.4894
April	17.5326	17.0156	17.2723
May	17.3675	16.9933	17.1881
June	18.0008	17.2465	17.6198
July	18.0385	17.3395	17.7091
August	17.2808	16.5827	16.8360
September	16.9000	16.4525	16.7051
October	16.6423	16.3829	16.5014
November	17.2983	16.5262	17.0545
December	17.3255	16.9101	17.1219