2023 UAH to SRD Historical Review

YEARLY HIGH

1.0637 SRD

YEARLY LOW

0.8580 SRD

YEARLY AVERAGE

0.9945 SRD

2023 UAH to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1.0637. Conversely, the yearly low was recorded on January 8, dropping to 0.8580.

This high-to-low spread represents a total annual volatility of 0.2057 SRD. From a start-to-finish perspective, comparing the January average rate of 0.8655 to the December average rate of 1.0048, the exchange rate registered a net change of 16.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0637 was up 22.36% compared to the 2022 peak of 0.8693, 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 5,319 SRD

2022 Average 3,703 SRD

Yearly Trough Low 4,290 SRD

Transaction Impact: A difference of 1,028.44 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0701

0.8469

JanuMarcMayJulySeptNove

UAH to SRD 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 0.9546, compared to 1.0345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0799 points.

H1 Avg (Jan–Jun) 0.9546

H2 Avg (Jul–Dec) 1.0345

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0769 SRD (High: 0.9843 / Low: 0.9074). On the other end, September was the most stable month, with a tight range of 0.0121 SRD (High: 1.0442 / Low: 1.0321).

March Spread (Volatile) ±0.0769

September Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0467 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0467

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.0515) against the same month in 2022 (average: 0.8223), the exchange rate shifted by +0.2292 (+27.87%).

2023 Avg (November) 1.0515

2022 Avg (November) 0.8223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8824	0.8580	0.8655
February	0.9223	0.8660	0.8914
March	0.9843	0.9074	0.9389
April	1.0238	0.9724	0.9989
May	1.0300	1.0040	1.0120
June	1.0376	1.0068	1.0209
July	1.0463	1.0014	1.0312
August	1.0445	1.0311	1.0367
September	1.0442	1.0321	1.0374
October	1.0586	1.0354	1.0451
November	1.0637	1.0422	1.0515
December	1.0367	0.9646	1.0048