YEARLY HIGH
10.2034 UAH
YEARLY LOW
9.5833 UAH
YEARLY AVERAGE
9.8083 UAH

2023 SAR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 10.2034. Conversely, the yearly low was recorded on November 18, dropping to 9.5833.

This high-to-low spread represents a total annual volatility of 0.6201 UAH. From a start-to-finish perspective, comparing the January average rate of 9.7863 to the December average rate of 9.9165, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.2034 was up 3.20% compared to the 2022 peak of 9.8875, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,017 UAH
2022 Average 43,460 UAH
Yearly Trough Low 47,917 UAH
Transaction Impact: A difference of 3,100.48 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.9449
9.6048
JanuMarcMayJulySeptNove

SAR 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 9.8184, compared to 9.7982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 9.8184
H2 Avg (Jul–Dec) 9.7982

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.4792 UAH (High: 10.2034 / Low: 9.7243). On the other end, September was the most stable month, with a tight range of 0.0681 UAH (High: 9.8682 / Low: 9.8001).

December Spread (Volatile) ±0.4792
September Spread (Stable) ±0.0681

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 0.1115 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 9.9165) against the same month in 2022 (average: 9.8031), the exchange rate shifted by +0.1134 (+1.16%).

2023 Avg (December) 9.9165
2022 Avg (December) 9.8031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.8434 9.7501 9.7863
February 9.9336 9.7369 9.8110
March 9.8460 9.6941 9.8126
April 9.8539 9.7132 9.8150
May 9.8659 9.7858 9.8385
June 9.8844 9.7845 9.8468
July 9.8635 9.7548 9.8227
August 9.8803 9.7819 9.8416
September 9.8682 9.8001 9.8434
October 9.8632 9.6612 9.7319
November 9.6969 9.5833 9.6331
December 10.2034 9.7243 9.9165