YEARLY HIGH
0.0022 XCD
YEARLY LOW
0.0020 XCD
YEARLY AVERAGE
0.0021 XCD

2023 KRW to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0022. Conversely, the yearly low was recorded on October 3, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0002 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0021, the exchange rate registered a net change of -4.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0022 was down 2.97% compared to the 2022 peak of 0.0023, 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 11,055 XCD
2022 Average 10,494 XCD
Yearly Trough Low 9,935 XCD
Transaction Impact: A difference of 1,120.04 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0022
0.0020
JanuMarcMayJulySeptNove

KRW to XCD 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 0.0021, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 XCD (High: 0.0022 / Low: 0.0020). On the other end, October was the most stable month, with a tight range of 0.0000 XCD (High: 0.0020 / Low: 0.0020).

February Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0021) against the same month in 2022 (average: 0.0023), the exchange rate shifted by -0.0001 (-6.35%).

2023 Avg (February) 0.0021
2022 Avg (February) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0022
February 0.0022 0.0020 0.0021
March 0.0021 0.0020 0.0021
April 0.0021 0.0020 0.0020
May 0.0021 0.0020 0.0020
June 0.0021 0.0020 0.0021
July 0.0021 0.0021 0.0021
August 0.0021 0.0020 0.0020
September 0.0020 0.0020 0.0020
October 0.0020 0.0020 0.0020
November 0.0021 0.0020 0.0021
December 0.0021 0.0021 0.0021