2023 RSD to KRW Historical Review

YEARLY HIGH

12.6759 KRW

YEARLY LOW

11.3340 KRW

YEARLY AVERAGE

12.0490 KRW

2023 RSD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 12.6759. Conversely, the yearly low was recorded on January 9, dropping to 11.3340.

This high-to-low spread represents a total annual volatility of 1.3419 KRW. From a start-to-finish perspective, comparing the January average rate of 11.4190 to the December average rate of 12.1252, the exchange rate registered a net change of 6.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.6759 was up 4.13% compared to the 2022 peak of 12.1731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,379 KRW

2022 Average 57,802 KRW

Yearly Trough Low 56,670 KRW

Transaction Impact: A difference of 6,709.45 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.4566

11.3247

JanuMarcMayJulySeptNove

RSD 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 11.9437, compared to 12.1543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2107 points.

H1 Avg (Jan–Jun) 11.9437

H2 Avg (Jul–Dec) 12.1543

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6025 KRW (High: 12.2712 / Low: 11.6687). On the other end, September was the most stable month, with a tight range of 0.1761 KRW (High: 12.2181 / Low: 12.0420).

June Spread (Volatile) ±0.6025

September Spread (Stable) ±0.1761

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.3232 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 12.3623) against the same month in 2022 (average: 11.3558), the exchange rate shifted by +1.0065 (+8.86%).

2023 Avg (April) 12.3623

2022 Avg (April) 11.3558

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5590	11.3340	11.4190
February	11.9314	11.3821	11.6713
March	12.0891	11.7631	11.9211
April	12.6759	12.0735	12.3623
May	12.6148	12.0578	12.3057
June	12.2712	11.6687	11.9825
July	12.2584	11.9597	12.1207
August	12.4612	12.0948	12.3129
September	12.2181	12.0420	12.1426
October	12.2591	12.0578	12.1666
November	12.2692	11.9097	12.0580
December	12.2845	12.0100	12.1252