YEARLY HIGH
19.1301 UAH
YEARLY LOW
17.9320 UAH
YEARLY AVERAGE
18.3983 UAH

2023 BBD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 19.1301. Conversely, the yearly low was recorded on November 5, dropping to 17.9320.

This high-to-low spread represents a total annual volatility of 1.1982 UAH. From a start-to-finish perspective, comparing the January average rate of 18.3798 to the December average rate of 18.5985, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.1301 was up 2.95% compared to the 2022 peak of 18.5826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,651 UAH
2022 Average 81,602 UAH
Yearly Trough Low 89,660 UAH
Transaction Impact: A difference of 5,990.77 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.6521
18.0088
JanuMarcMayJulySeptNove

BBD to UAH 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 18.4213, compared to 18.3752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0460 points.

H1 Avg (Jan–Jun) 18.4213
H2 Avg (Jul–Dec) 18.3752

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.8913 UAH (High: 19.1301 / Low: 18.2388). On the other end, September was the most stable month, with a tight range of 0.1253 UAH (High: 18.5055 / Low: 18.3801).

December Spread (Volatile) ±0.8913
September Spread (Stable) ±0.1253

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2080 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18.5985) against the same month in 2022 (average: 18.4300), the exchange rate shifted by +0.1684 (+0.91%).

2023 Avg (December) 18.5985
2022 Avg (December) 18.4300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.4781 18.3107 18.3798
February 18.6388 18.2689 18.4031
March 18.4813 18.2079 18.4222
April 18.4806 18.2167 18.4086
May 18.5010 18.3489 18.4489
June 18.5369 18.3518 18.4650
July 18.4977 18.2913 18.4215
August 18.5354 18.3489 18.4586
September 18.5055 18.3801 18.4593
October 18.5055 18.1202 18.2513
November 18.1883 17.9320 18.0624
December 19.1301 18.2388 18.5985