YEARLY HIGH
0.0302 UAH
YEARLY LOW
0.0268 UAH
YEARLY AVERAGE
0.0282 UAH

2023 KRW to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0302. Conversely, the yearly low was recorded on October 29, dropping to 0.0268.

This high-to-low spread represents a total annual volatility of 0.0034 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0286, the exchange rate registered a net change of -3.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0302 was up 3.14% compared to the 2022 peak of 0.0293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,074 UAH
2022 Average 126,071 UAH
Yearly Trough Low 133,941 UAH
Transaction Impact: A difference of 17,132.23 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0298
0.0268
JanuMarcMayJulySeptNove

KRW to UAH 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 0.0285, compared to 0.0279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0285
H2 Avg (Jul–Dec) 0.0279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0023 UAH (High: 0.0302 / Low: 0.0279). On the other end, October was the most stable month, with a tight range of 0.0006 UAH (High: 0.0274 / Low: 0.0268).

February Spread (Volatile) ±0.0023
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0288) against the same month in 2022 (average: 0.0238), the exchange rate shifted by +0.0049 (+20.65%).

2023 Avg (February) 0.0288
2022 Avg (February) 0.0238

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0300 0.0287 0.0296
February 0.0302 0.0279 0.0288
March 0.0285 0.0278 0.0282
April 0.0283 0.0272 0.0279
May 0.0281 0.0273 0.0278
June 0.0291 0.0279 0.0285
July 0.0292 0.0279 0.0287
August 0.0287 0.0275 0.0279
September 0.0280 0.0273 0.0277
October 0.0274 0.0268 0.0270
November 0.0282 0.0269 0.0276
December 0.0297 0.0279 0.0286