YEARLY HIGH
359.8683 KRW
YEARLY LOW
277.9559 KRW
YEARLY AVERAGE
342.5359 KRW

2024 PLN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 359.8683. Conversely, the yearly low was recorded on January 1, dropping to 277.9559.

This high-to-low spread represents a total annual volatility of 81.9124 KRW. From a start-to-finish perspective, comparing the January average rate of 329.8133 to the December average rate of 353.3801, the exchange rate registered a net change of 7.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 359.8683 was up 8.03% compared to the 2023 peak of 333.1150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 7,197,365 KRW
2023 Average 6,231,884 KRW
Yearly Trough Low 5,559,117 KRW
Transaction Impact: A difference of 1,638,247.85 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

355.7368
327.4567
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 338.0481, compared to 347.0237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9756 points.

H1 Avg (Jan–Jun) 338.0481
H2 Avg (Jul–Dec) 347.0237

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 56.2911 KRW (High: 334.2470 / Low: 277.9559). On the other end, March was the most stable month, with a tight range of 4.3025 KRW (High: 338.4471 / Low: 334.1446).

January Spread (Volatile) ±56.2911
March Spread (Stable) ±4.3025

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 3.5599 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.5599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 353.3801) against the same month in 2023 (average: 328.1305), the exchange rate shifted by +25.2497 (+7.70%).

2024 Avg (December) 353.3801
2023 Avg (December) 328.1305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 334.2470 277.9559 329.8133
February 335.3516 328.3377 332.5813
March 338.4471 334.1446 336.2407
April 345.4349 338.4208 341.2867
May 351.1246 337.2827 344.3181
June 351.1246 337.9641 344.0483
July 354.6667 344.0753 350.4501
August 349.4627 343.5264 346.8902
September 348.8703 342.0645 345.4907
October 345.8504 340.7747 343.7583
November 346.6123 337.3062 342.1726
December 359.8683 342.2210 353.3801