YEARLY HIGH
0.8995 TWD
YEARLY LOW
0.8027 TWD
YEARLY AVERAGE
0.8465 TWD

2023 UAH to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.8995. Conversely, the yearly low was recorded on December 28, dropping to 0.8027.

This high-to-low spread represents a total annual volatility of 0.0967 TWD. From a start-to-finish perspective, comparing the January average rate of 0.8268 to the December average rate of 0.8394, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8995 was down 11.45% compared to the 2022 peak of 1.0157, 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 4,497 TWD
2022 Average 4,605 TWD
Yearly Trough Low 4,014 TWD
Transaction Impact: A difference of 483.66 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8906
0.8164
JanuMarcMayJulySeptNove

UAH to TWD 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 0.8292, compared to 0.8638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 0.8292
H2 Avg (Jul–Dec) 0.8638

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0567 TWD (High: 0.8594 / Low: 0.8027). On the other end, May was the most stable month, with a tight range of 0.0110 TWD (High: 0.8390 / Low: 0.8280).

December Spread (Volatile) ±0.0567
May Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0435 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.8829) against the same month in 2022 (average: 0.8506), the exchange rate shifted by +0.0323 (+3.80%).

2023 Avg (November) 0.8829
2022 Avg (November) 0.8506

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8362 0.8177 0.8268
February 0.8351 0.8043 0.8226
March 0.8412 0.8207 0.8292
April 0.8443 0.8249 0.8300
May 0.8390 0.8280 0.8321
June 0.8447 0.8276 0.8344
July 0.8534 0.8392 0.8465
August 0.8665 0.8553 0.8619
September 0.8737 0.8623 0.8674
October 0.8945 0.8716 0.8844
November 0.8995 0.8609 0.8829
December 0.8594 0.8027 0.8394