YEARLY HIGH
38.2602 UAH
YEARLY LOW
35.8639 UAH
YEARLY AVERAGE
36.7965 UAH

2023 BMD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 38.2602. Conversely, the yearly low was recorded on November 5, dropping to 35.8639.

This high-to-low spread represents a total annual volatility of 2.3963 UAH. From a start-to-finish perspective, comparing the January average rate of 36.7595 to the December average rate of 37.1969, 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 38.2602 was up 2.95% compared to the 2022 peak of 37.1652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191,301 UAH
2022 Average 163,203 UAH
Yearly Trough Low 179,320 UAH
Transaction Impact: A difference of 11,981.53 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.3041
36.0177
JanuMarcMayJulySeptNove

BMD 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 36.8425, compared to 36.7505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0921 points.

H1 Avg (Jan–Jun) 36.8425
H2 Avg (Jul–Dec) 36.7505

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 1.7825 UAH (High: 38.2602 / Low: 36.4777). On the other end, September was the most stable month, with a tight range of 0.2507 UAH (High: 37.0109 / Low: 36.7602).

December Spread (Volatile) ±1.7825
September Spread (Stable) ±0.2507

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 0.4159 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 37.1969) against the same month in 2022 (average: 36.8601), the exchange rate shifted by +0.3368 (+0.91%).

2023 Avg (December) 37.1969
2022 Avg (December) 36.8601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.9561 36.6214 36.7595
February 37.2776 36.5378 36.8062
March 36.9627 36.4158 36.8445
April 36.9611 36.4334 36.8172
May 37.0019 36.6977 36.8979
June 37.0738 36.7036 36.9300
July 36.9955 36.5827 36.8429
August 37.0707 36.6978 36.9171
September 37.0109 36.7602 36.9185
October 37.0109 36.2404 36.5026
November 36.3767 35.8639 36.1249
December 38.2602 36.4777 37.1969