2023 SDG to KRW Historical Review

YEARLY HIGH

2.3600 KRW

YEARLY LOW

2.0947 KRW

YEARLY AVERAGE

2.1904 KRW

2023 SDG to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 2.3600. Conversely, the yearly low was recorded on February 1, dropping to 2.0947.

This high-to-low spread represents a total annual volatility of 0.2653 KRW. From a start-to-finish perspective, comparing the January average rate of 2.1543 to the December average rate of 2.1654, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3600 was down 18.34% compared to the 2022 peak of 2.8899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,800 KRW

2022 Average 13,058 KRW

Yearly Trough Low 10,474 KRW

Transaction Impact: A difference of 1,326.53 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2580

2.1270

JanuMarcMayJulySeptNove

SDG 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 2.1886, compared to 2.1922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 2.1886

H2 Avg (Jul–Dec) 2.1922

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2150 KRW (High: 2.3600 / Low: 2.1450). On the other end, October was the most stable month, with a tight range of 0.0316 KRW (High: 2.2630 / Low: 2.2314).

November Spread (Volatile) ±0.2150

October Spread (Stable) ±0.0316

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 October and November, when the average rate fell by 0.0637 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0637

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.1834) against the same month in 2022 (average: 2.3784), the exchange rate shifted by -0.1951 (-8.20%).

2023 Avg (November) 2.1834

2022 Avg (November) 2.3784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2328	2.1117	2.1543
February	2.2426	2.0947	2.1854
March	2.2836	2.1804	2.2135
April	2.3430	2.1697	2.2106
May	2.2433	2.1867	2.2129
June	2.2002	2.1097	2.1548
July	2.1884	2.1043	2.1379
August	2.2357	2.1436	2.2011
September	2.2516	2.1919	2.2185
October	2.2630	2.2314	2.2471
November	2.3600	2.1450	2.1834
December	2.1924	2.1399	2.1654