2023 UAH to ZAR Historical Review

YEARLY HIGH

0.5358 ZAR

YEARLY LOW

0.4556 ZAR

YEARLY AVERAGE

0.5015 ZAR

2023 UAH to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.5358. Conversely, the yearly low was recorded on January 12, dropping to 0.4556.

This high-to-low spread represents a total annual volatility of 0.0801 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4646 to the December average rate of 0.5001, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5358 was down 8.86% compared to the 2022 peak of 0.5879, 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 2,679 ZAR

2022 Average 2,527 ZAR

Yearly Trough Low 2,278 ZAR

Transaction Impact: A difference of 400.70 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5271

0.4589

JanuMarcMayJulySeptNove

UAH to ZAR 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 0.4943, compared to 0.5086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 0.4943

H2 Avg (Jul–Dec) 0.5086

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0424 ZAR (High: 0.5176 / Low: 0.4752). On the other end, September was the most stable month, with a tight range of 0.0126 ZAR (High: 0.5205 / Low: 0.5078).

July Spread (Volatile) ±0.0424

September Spread (Stable) ±0.0126

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 0.0130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.5177) against the same month in 2022 (average: 0.5353), the exchange rate shifted by -0.0177 (-3.30%).

2023 Avg (May) 0.5177

2022 Avg (May) 0.5353

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4737	0.4556	0.4646
February	0.5016	0.4616	0.4870
March	0.5158	0.4816	0.4959
April	0.5028	0.4842	0.4934
May	0.5358	0.4955	0.5177
June	0.5316	0.4923	0.5074
July	0.5176	0.4752	0.4944
August	0.5194	0.4947	0.5088
September	0.5205	0.5078	0.5137
October	0.5344	0.5104	0.5214
November	0.5240	0.5019	0.5131
December	0.5169	0.4803	0.5001