YEARLY HIGH
0.0760 KRW
YEARLY LOW
0.0607 KRW
YEARLY AVERAGE
0.0689 KRW

2023 SLL to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0760. Conversely, the yearly low was recorded on July 29, dropping to 0.0607.

This high-to-low spread represents a total annual volatility of 0.0153 KRW. From a start-to-finish perspective, comparing the January average rate of 0.0703 to the December average rate of 0.0621, the exchange rate registered a net change of -11.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0760 was down 29.45% compared to the 2022 peak of 0.1078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 380 KRW
2022 Average 478 KRW
Yearly Trough Low 304 KRW
Transaction Impact: A difference of 76.54 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0765
0.0608
JanuMarcMayJulySeptNove

SLL 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 0.0733, compared to 0.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.0733
H2 Avg (Jul–Dec) 0.0645

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0138 KRW (High: 0.0745 / Low: 0.0607). On the other end, October was the most stable month, with a tight range of 0.0010 KRW (High: 0.0649 / Low: 0.0638).

July Spread (Volatile) ±0.0138
October Spread (Stable) ±0.0010

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 0.0082 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0752) against the same month in 2022 (average: 0.0989), the exchange rate shifted by -0.0237 (-23.99%).

2023 Avg (May) 0.0752
2022 Avg (May) 0.0989

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0724 0.0696 0.0703
February 0.0748 0.0692 0.0724
March 0.0751 0.0728 0.0739
April 0.0759 0.0737 0.0748
May 0.0760 0.0744 0.0752
June 0.0749 0.0718 0.0733
July 0.0745 0.0607 0.0713
August 0.0641 0.0615 0.0631
September 0.0646 0.0629 0.0636
October 0.0649 0.0638 0.0644
November 0.0643 0.0614 0.0623
December 0.0628 0.0613 0.0621