2023 BZD to UAH Historical Review

YEARLY HIGH

18.8841 UAH

YEARLY LOW

17.8617 UAH

YEARLY AVERAGE

18.2645 UAH

2023 BZD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 18.8841. Conversely, the yearly low was recorded on November 23, dropping to 17.8617.

This high-to-low spread represents a total annual volatility of 1.0224 UAH. From a start-to-finish perspective, comparing the January average rate of 18.2364 to the December average rate of 18.4344, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.8841 was up 1.99% compared to the 2022 peak of 18.5148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,421 UAH

2022 Average 80,974 UAH

Yearly Trough Low 89,309 UAH

Transaction Impact: A difference of 5,112.16 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.4835

17.8939

JanuMarcMayJulySeptNove

BZD 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 18.2901, compared to 18.2389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0512 points.

H1 Avg (Jan–Jun) 18.2901

H2 Avg (Jul–Dec) 18.2389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.7923 UAH (High: 18.8841 / Low: 18.0919). On the other end, June was the most stable month, with a tight range of 0.0698 UAH (High: 18.3894 / Low: 18.3196).

December Spread (Volatile) ±0.7923

June Spread (Stable) ±0.0698

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 0.1974 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1974

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18.4344) against the same month in 2022 (average: 18.2818), the exchange rate shifted by +0.1526 (+0.83%).

2023 Avg (December) 18.4344

2022 Avg (December) 18.2818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.3223	18.2251	18.2364
February	18.3232	18.2294	18.2576
March	18.4206	18.2065	18.3244
April	18.3238	18.2065	18.2838
May	18.3312	18.2294	18.3142
June	18.3894	18.3196	18.3242
July	18.3511	18.2295	18.2997
August	18.3279	18.2291	18.3148
September	18.3309	18.2337	18.3196
October	18.3220	17.9828	18.1221
November	18.0516	17.8617	17.9430
December	18.8841	18.0919	18.4344