2023 UAH to SGD Historical Review

YEARLY HIGH

0.0378 SGD

YEARLY LOW

0.0345 SGD

YEARLY AVERAGE

0.0365 SGD

2023 UAH to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.0378. Conversely, the yearly low was recorded on December 28, dropping to 0.0345.

This high-to-low spread represents a total annual volatility of 0.0033 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0360 to the December average rate of 0.0358, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0378 was down 23.88% compared to the 2022 peak of 0.0497, 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 189 SGD

2022 Average 214 SGD

Yearly Trough Low 173 SGD

Transaction Impact: A difference of 16.59 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0377

0.0356

JanuMarcMayJulySeptNove

UAH to SGD 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 0.0363, compared to 0.0367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0363

H2 Avg (Jul–Dec) 0.0367

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0021 SGD (High: 0.0366 / Low: 0.0345). On the other end, September was the most stable month, with a tight range of 0.0005 SGD (High: 0.0371 / Low: 0.0366).

December Spread (Volatile) ±0.0021

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0373) against the same month in 2022 (average: 0.0376), the exchange rate shifted by -0.0003 (-0.69%).

2023 Avg (November) 0.0373

2022 Avg (November) 0.0376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0366	0.0356	0.0360
February	0.0368	0.0353	0.0362
March	0.0368	0.0360	0.0364
April	0.0366	0.0359	0.0362
May	0.0369	0.0359	0.0363
June	0.0368	0.0362	0.0365
July	0.0369	0.0358	0.0362
August	0.0369	0.0361	0.0366
September	0.0371	0.0366	0.0369
October	0.0378	0.0369	0.0375
November	0.0378	0.0366	0.0373
December	0.0366	0.0345	0.0358