YEARLY HIGH
17.3990 STD
YEARLY LOW
15.0722 STD
YEARLY AVERAGE
16.3485 STD

2024 KRW to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 17.3990. Conversely, the yearly low was recorded on December 31, dropping to 15.0722.

This high-to-low spread represents a total annual volatility of 2.3267 STD. From a start-to-finish perspective, comparing the January average rate of 16.8220 to the December average rate of 15.4686, the exchange rate registered a net change of -8.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.3990 was down 6.82% compared to the 2023 peak of 18.6734, 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 86,994,784 STD
2023 Average 86,532,202 STD
Yearly Trough Low 75,361,166 STD
Transaction Impact: A difference of 11,633,617.74 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.9574
15.3332
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 16.5000, compared to 16.1971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3029 points.

H1 Avg (Jan–Jun) 16.5000
H2 Avg (Jul–Dec) 16.1971

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.8937 STD (High: 15.9659 / Low: 15.0722). On the other end, February was the most stable month, with a tight range of 0.2120 STD (High: 16.8246 / Low: 16.6125).

December Spread (Volatile) ±0.8937
February Spread (Stable) ±0.2120

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.5046 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 16.8220) against the same month in 2023 (average: 18.3709), the exchange rate shifted by -1.5489 (-8.43%).

2024 Avg (January) 16.8220
2023 Avg (January) 18.3709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.3990 16.5637 16.8220
February 16.8246 16.6125 16.7219
March 16.9906 16.4987 16.7230
April 16.5611 16.0096 16.2662
May 16.5376 16.1102 16.3379
June 16.3177 15.9828 16.1289
July 16.2766 16.0323 16.1189
August 16.8180 16.1887 16.5060
September 17.0052 16.5745 16.7529
October 16.8150 16.0388 16.3629
November 16.2167 15.8216 15.9732
December 15.9659 15.0722 15.4686