2024 NAD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NAD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NAD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 80.9910. Conversely, the yearly low was recorded on February 26, dropping to 68.9540.
This high-to-low spread represents a total annual volatility of 12.0370 KRW. From a start-to-finish perspective, comparing the January average rate of 70.5164 to the December average rate of 79.0568, the exchange rate registered a net change of 12.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 80.9910 was up 7.33% compared to the 2023 peak of 75.4591, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NAD to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 72.1902, compared to 76.7574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5672 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 5.5699 KRW (High: 77.6881 / Low: 72.1182). On the other end, July was the most stable month, with a tight range of 1.6598 KRW (High: 76.6113 / Low: 74.9515).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9367 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 79.0568) against the same month in 2023 (average: 69.6615), the exchange rate shifted by +9.3953 (+13.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.6612 | 69.1486 | 70.5164 |
| February | 71.9855 | 68.9540 | 70.2341 |
| March | 71.4057 | 69.7064 | 70.6756 |
| April | 73.8969 | 71.4696 | 72.5335 |
| May | 75.4193 | 73.2997 | 74.1874 |
| June | 77.6881 | 72.1182 | 74.9943 |
| July | 76.6113 | 74.9515 | 75.8063 |
| August | 75.8275 | 73.7077 | 74.8695 |
| September | 77.2444 | 74.4797 | 75.5070 |
| October | 78.5327 | 76.2274 | 77.4911 |
| November | 79.4527 | 76.4987 | 77.8136 |
| December | 80.9910 | 77.2975 | 79.0568 |