YEARLY HIGH
2.2259 KRW
YEARLY LOW
0.4667 KRW
YEARLY AVERAGE
1.1440 KRW

2021 SYP to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.2259. Conversely, the yearly low was recorded on December 8, dropping to 0.4667.

This high-to-low spread represents a total annual volatility of 1.7592 KRW. From a start-to-finish perspective, comparing the January average rate of 2.1445 to the December average rate of 0.4714, the exchange rate registered a net change of -78.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2259 was down 9.20% compared to the 2020 peak of 2.4515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,130 KRW
2020 Average 11,489 KRW
Yearly Trough Low 2,334 KRW
Transaction Impact: A difference of 8,795.96 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3383
0.3017
JanuMarcMayJulySeptNove

SYP 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 1.4660, compared to 0.8219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6441 points.

H1 Avg (Jan–Jun) 1.4660
H2 Avg (Jul–Dec) 0.8219

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 1.3289 KRW (High: 2.2259 / Low: 0.8970). On the other end, December was the most stable month, with a tight range of 0.0074 KRW (High: 0.4742 / Low: 0.4667).

March Spread (Volatile) ±1.3289
December Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.9191 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.9191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 1.8088) against the same month in 2020 (average: 2.3627), the exchange rate shifted by -0.5539 (-23.44%).

2021 Avg (March) 1.8088
2020 Avg (March) 2.3627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1813 2.1147 2.1445
February 2.1940 2.1498 2.1685
March 2.2259 0.8970 1.8088
April 0.8984 0.8807 0.8896
May 0.9035 0.8810 0.8920
June 0.9025 0.8812 0.8928
July 0.9182 0.8987 0.9102
August 0.9362 0.9092 0.9229
September 0.9452 0.9191 0.9327
October 0.9527 0.9292 0.9402
November 0.9553 0.4708 0.7543
December 0.4742 0.4667 0.4714