YEARLY HIGH
174.2760 KRW
YEARLY LOW
156.9184 KRW
YEARLY AVERAGE
165.8214 KRW

2021 BOB to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 174.2760. Conversely, the yearly low was recorded on January 2, dropping to 156.9184.

This high-to-low spread represents a total annual volatility of 17.3575 KRW. From a start-to-finish perspective, comparing the January average rate of 159.6160 to the December average rate of 171.6507, the exchange rate registered a net change of 7.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 174.2760 was down 5.64% compared to the 2020 peak of 184.6962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 871,380 KRW
2020 Average 854,348 KRW
Yearly Trough Low 784,592 KRW
Transaction Impact: A difference of 86,787.56 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

173.1566
158.3851
JanuMarcMayJulySeptNove

BOB 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 161.8585, compared to 169.7843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9257 points.

H1 Avg (Jan–Jun) 161.8585
H2 Avg (Jul–Dec) 169.7843

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 5.3092 KRW (High: 165.2058 / Low: 159.8966). On the other end, December was the most stable month, with a tight range of 3.0875 KRW (High: 172.8103 / Low: 169.7228).

March Spread (Volatile) ±5.3092
December Spread (Stable) ±3.0875

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.5964 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.5964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 171.9257) against the same month in 2020 (average: 161.6660), the exchange rate shifted by +10.2596 (+6.35%).

2021 Avg (November) 171.9257
2020 Avg (November) 161.6660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 162.1736 156.9184 159.6160
February 163.1923 159.3292 160.9603
March 165.2058 159.8966 163.6369
April 163.8914 160.2172 162.0406
May 164.5269 160.4454 162.5775
June 164.3808 159.3132 162.3199
July 167.2045 163.5673 165.8356
August 170.5071 165.3672 168.1378
September 172.0891 167.4237 169.9287
October 173.3849 169.2108 171.2273
November 174.2760 170.6831 171.9257
December 172.8103 169.7228 171.6507