YEARLY HIGH
28.9151 UAH
YEARLY LOW
26.5025 UAH
YEARLY AVERAGE
27.4127 UAH

2023 BND to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 28.9151. Conversely, the yearly low was recorded on November 1, dropping to 26.5025.

This high-to-low spread represents a total annual volatility of 2.4126 UAH. From a start-to-finish perspective, comparing the January average rate of 27.7042 to the December average rate of 27.9218, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.9151 was up 5.31% compared to the 2022 peak of 27.4573, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144,575 UAH
2022 Average 118,279 UAH
Yearly Trough Low 132,513 UAH
Transaction Impact: A difference of 12,062.89 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.0470
26.5443
JanuMarcMayJulySeptNove

BND 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 27.5873, compared to 27.2382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3491 points.

H1 Avg (Jan–Jun) 27.5873
H2 Avg (Jul–Dec) 27.2382

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 1.6394 UAH (High: 28.9151 / Low: 27.2756). On the other end, April was the most stable month, with a tight range of 0.3680 UAH (High: 27.8606 / Low: 27.4927).

December Spread (Volatile) ±1.6394
April Spread (Stable) ±0.3680

Growth Streaks & Declines

Trends

Between October and December, 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 0.4302 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 27.9218) against the same month in 2022 (average: 27.2654), the exchange rate shifted by +0.6564 (+2.41%).

2023 Avg (December) 27.9218
2022 Avg (December) 27.2654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.0240 27.2600 27.7042
February 28.1807 27.2422 27.6367
March 27.7950 27.2139 27.5013
April 27.8606 27.4927 27.6787
May 27.8888 27.1564 27.5599
June 27.6302 27.1981 27.4428
July 27.9580 27.1981 27.6096
August 27.7012 27.1809 27.3359
September 27.3532 26.9355 27.0997
October 27.1134 26.5340 26.6695
November 27.3153 26.5025 26.7928
December 28.9151 27.2756 27.9218