2023 LBP to KRW Historical Review

YEARLY HIGH

0.8399 KRW

YEARLY LOW

0.0819 KRW

YEARLY AVERAGE

0.1591 KRW

2023 LBP to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.8399. Conversely, the yearly low was recorded on February 6, dropping to 0.0819.

This high-to-low spread represents a total annual volatility of 0.7580 KRW. From a start-to-finish perspective, comparing the January average rate of 0.8197 to the December average rate of 0.0865, the exchange rate registered a net change of -89.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8399 was down 11.93% compared to the 2022 peak of 0.9537, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LBP based on timing:

Yearly Peak High 4,200 KRW

2022 Average 4,261 KRW

Yearly Trough Low 410 KRW

Transaction Impact: A difference of 3,790.21 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8931

0.0119

JanuMarcMayJulySeptNove

LBP to KRW 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 0.2306, compared to 0.0875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1431 points.

H1 Avg (Jan–Jun) 0.2306

H2 Avg (Jul–Dec) 0.0875

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.7452 KRW (High: 0.8271 / Low: 0.0819). On the other end, October was the most stable month, with a tight range of 0.0014 KRW (High: 0.0905 / Low: 0.0891).

February Spread (Volatile) ±0.7452

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between July and October, 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 0.6036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8197) against the same month in 2022 (average: 0.7912), the exchange rate shifted by +0.0285 (+3.61%).

2023 Avg (January) 0.8197

2022 Avg (January) 0.7912

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8399	0.8102	0.8197
February	0.8271	0.0819	0.2161
March	0.0884	0.0853	0.0866
April	0.0899	0.0861	0.0875
May	0.0897	0.0864	0.0880
June	0.0877	0.0837	0.0857
July	0.0883	0.0837	0.0853
August	0.0892	0.0850	0.0879
September	0.0900	0.0874	0.0886
October	0.0905	0.0891	0.0899
November	0.0897	0.0857	0.0871
December	0.0876	0.0853	0.0865