2023 SRD to KRW Historical Review

YEARLY HIGH

40.4805 KRW

YEARLY LOW

32.9205 KRW

YEARLY AVERAGE

35.7957 KRW

2023 SRD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 40.4805. Conversely, the yearly low was recorded on July 19, dropping to 32.9205.

This high-to-low spread represents a total annual volatility of 7.5599 KRW. From a start-to-finish perspective, comparing the January average rate of 39.0591 to the December average rate of 34.8332, the exchange rate registered a net change of -10.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.4805 was down 34.42% compared to the 2022 peak of 61.7262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,402 KRW

2022 Average 271,299 KRW

Yearly Trough Low 164,603 KRW

Transaction Impact: A difference of 37,799.71 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.5822

33.3053

JanuMarcMayJulySeptNove

SRD 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 36.9463, compared to 34.6451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3012 points.

H1 Avg (Jan–Jun) 36.9463

H2 Avg (Jul–Dec) 34.6451

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.1268 KRW (High: 39.2842 / Low: 36.1574). On the other end, October was the most stable month, with a tight range of 0.6235 KRW (High: 35.6651 / Low: 35.0416).

March Spread (Volatile) ±3.1268

October Spread (Stable) ±0.6235

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 March and April, when the average rate fell by 1.8092 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 39.0591) against the same month in 2022 (average: 56.5343), the exchange rate shifted by -17.4752 (-30.91%).

2023 Avg (January) 39.0591

2022 Avg (January) 56.5343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.4805	37.9701	39.0591
February	39.5631	37.6542	39.0081
March	39.2842	36.1574	37.7463
April	36.5950	35.3013	35.9371
May	36.1760	34.8092	35.5628
June	35.1401	33.3907	34.3645
July	35.1669	32.9205	33.8284
August	35.1730	33.4371	34.5849
September	35.4086	34.2186	34.8285
October	35.6651	35.0416	35.3958
November	35.3575	33.8694	34.3996
December	35.2435	34.2187	34.8332