2023 PLN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PLN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PLN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 333.1150. Conversely, the yearly low was recorded on January 19, dropping to 282.7833.
This high-to-low spread represents a total annual volatility of 50.3317 KRW. From a start-to-finish perspective, comparing the January average rate of 286.6726 to the December average rate of 328.1305, the exchange rate registered a net change of 14.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 333.1150 was up 9.60% compared to the 2022 peak of 303.9430, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PLN 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 303.0660, compared to 319.8162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7503 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 21.1576 KRW (High: 323.0262 / Low: 301.8686). On the other end, July was the most stable month, with a tight range of 6.8661 KRW (High: 323.8868 / Low: 317.0207).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 14.2637 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 328.1305) against the same month in 2022 (average: 292.8874), the exchange rate shifted by +35.2431 (+12.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 297.5210 | 282.7833 | 286.6726 |
| February | 297.0227 | 283.6778 | 288.6674 |
| March | 302.6935 | 292.4255 | 297.8573 |
| April | 323.0262 | 301.8686 | 312.3834 |
| May | 324.6344 | 312.2760 | 317.8146 |
| June | 323.8868 | 304.9326 | 315.0005 |
| July | 323.8868 | 317.0207 | 319.7211 |
| August | 328.5015 | 318.7423 | 323.8724 |
| September | 318.6496 | 304.5396 | 309.6087 |
| October | 323.6390 | 307.4843 | 316.3505 |
| November | 328.9967 | 312.1715 | 321.2142 |
| December | 333.1150 | 325.2984 | 328.1305 |