2023 STD to KRW Historical Review

YEARLY HIGH

0.0610 KRW

YEARLY LOW

0.0536 KRW

YEARLY AVERAGE

0.0578 KRW

2023 STD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0610. Conversely, the yearly low was recorded on February 1, dropping to 0.0536.

This high-to-low spread represents a total annual volatility of 0.0075 KRW. From a start-to-finish perspective, comparing the January average rate of 0.0544 to the December average rate of 0.0584, the exchange rate registered a net change of 7.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0610 was down 3.58% compared to the 2022 peak of 0.0633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 305 KRW

2022 Average 291 KRW

Yearly Trough Low 268 KRW

Transaction Impact: A difference of 37.44 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0612

0.0538

JanuMarcMayJulySeptNove

STD 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 0.0568, compared to 0.0589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0568

H2 Avg (Jul–Dec) 0.0589

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0044 KRW (High: 0.0579 / Low: 0.0536). On the other end, October was the most stable month, with a tight range of 0.0010 KRW (High: 0.0610 / Low: 0.0601).

February Spread (Volatile) ±0.0044

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 October and November, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0606) against the same month in 2022 (average: 0.0624), the exchange rate shifted by -0.0018 (-2.83%).

2023 Avg (October) 0.0606

2022 Avg (October) 0.0624

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0561	0.0539	0.0544
February	0.0579	0.0536	0.0561
March	0.0581	0.0564	0.0572
April	0.0588	0.0570	0.0579
May	0.0588	0.0576	0.0582
June	0.0580	0.0556	0.0568
July	0.0577	0.0554	0.0565
August	0.0603	0.0579	0.0594
September	0.0608	0.0592	0.0599
October	0.0610	0.0601	0.0606
November	0.0605	0.0578	0.0586
December	0.0591	0.0577	0.0584