2023 SGD to UAH Historical Review

YEARLY HIGH

28.9785 UAH

YEARLY LOW

26.4368 UAH

YEARLY AVERAGE

27.4048 UAH

2023 SGD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 28.9785. Conversely, the yearly low was recorded on November 11, dropping to 26.4368.

This high-to-low spread represents a total annual volatility of 2.5418 UAH. From a start-to-finish perspective, comparing the January average rate of 27.7518 to the December average rate of 27.9414, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.9785 was up 5.41% compared to the 2022 peak of 27.4925, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144,893 UAH

2022 Average 118,294 UAH

Yearly Trough Low 132,184 UAH

Transaction Impact: A difference of 12,708.83 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.0690

26.5380

JanuMarcMayJulySeptNove

SGD 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 27.5751, compared to 27.2345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3406 points.

H1 Avg (Jan–Jun) 27.5751

H2 Avg (Jul–Dec) 27.2345

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 1.6282 UAH (High: 28.9785 / Low: 27.3503). On the other end, September was the most stable month, with a tight range of 0.3755 UAH (High: 27.2976 / Low: 26.9221).

December Spread (Volatile) ±1.6282

September Spread (Stable) ±0.3755

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.4136 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 27.9414) against the same month in 2022 (average: 27.2600), the exchange rate shifted by +0.6814 (+2.50%).

2023 Avg (December) 27.9414

2022 Avg (December) 27.2600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.0516	27.3139	27.7518
February	28.2916	27.2096	27.6114
March	27.8034	27.1455	27.4784
April	27.8193	27.2864	27.6411
May	27.8683	27.1357	27.5377
June	27.6439	27.1514	27.4303
July	27.9322	27.1276	27.5986
August	27.6801	27.1118	27.3259
September	27.2976	26.9221	27.0792
October	27.0740	26.4625	26.6656
November	27.3229	26.4368	26.7962
December	28.9785	27.3503	27.9414