2023 UAH to KRW Historical Review

YEARLY HIGH

37.3298 KRW

YEARLY LOW

33.0965 KRW

YEARLY AVERAGE

35.4989 KRW

2023 UAH to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 37.3298. Conversely, the yearly low was recorded on February 1, dropping to 33.0965.

This high-to-low spread represents a total annual volatility of 4.2333 KRW. From a start-to-finish perspective, comparing the January average rate of 33.8026 to the December average rate of 34.9957, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.3298 was down 16.52% compared to the 2022 peak of 44.7182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186,649 KRW

2022 Average 199,548 KRW

Yearly Trough Low 165,482 KRW

Transaction Impact: A difference of 21,166.60 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.3119

33.4836

JanuMarcMayJulySeptNove

UAH 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 35.1605, compared to 35.8372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6767 points.

H1 Avg (Jan–Jun) 35.1605

H2 Avg (Jul–Dec) 35.8372

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.7851 KRW (High: 35.8815 / Low: 33.0965). On the other end, October was the most stable month, with a tight range of 0.7747 KRW (High: 37.3298 / Low: 36.5551).

February Spread (Volatile) ±2.7851

October Spread (Stable) ±0.7747

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1751 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 36.9928) against the same month in 2022 (average: 38.6980), the exchange rate shifted by -1.7051 (-4.41%).

2023 Avg (October) 36.9928

2022 Avg (October) 38.6980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.8129	33.2904	33.8026
February	35.8815	33.0965	34.7728
March	35.9668	35.0480	35.4223
April	36.7292	35.2903	35.8945
May	36.5860	35.5656	35.9903
June	35.8408	34.3139	35.0806
July	35.8716	34.2476	34.8787
August	36.3825	34.8998	35.8540
September	36.6678	35.6968	36.1312
October	37.3298	36.5551	36.9928
November	37.1200	35.4389	36.1707
December	35.8670	33.6137	34.9957