YEARLY HIGH
5.8928 UAH
YEARLY LOW
5.2001 UAH
YEARLY AVERAGE
5.5972 UAH

2024 CNY to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 5.8928. Conversely, the yearly low was recorded on January 22, dropping to 5.2001.

This high-to-low spread represents a total annual volatility of 0.6927 UAH. From a start-to-finish perspective, comparing the January average rate of 5.3221 to the December average rate of 5.7372, the exchange rate registered a net change of 7.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5.8928 was up 7.10% compared to the 2023 peak of 5.5022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 147,319 UAH
2023 Average 130,131 UAH
Yearly Trough Low 130,001 UAH
Transaction Impact: A difference of 17,317.43 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5.8862
5.2552
JanuMarcMayJulySeptNove

CNY 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 5.4357, compared to 5.7587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3230 points.

H1 Avg (Jan–Jun) 5.4357
H2 Avg (Jul–Dec) 5.7587

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.2668 UAH (High: 5.7041 / Low: 5.4373). On the other end, December was the most stable month, with a tight range of 0.0687 UAH (High: 5.7662 / Low: 5.6975).

May Spread (Volatile) ±0.2668
December Spread (Stable) ±0.0687

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0759 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 5.8336) against the same month in 2023 (average: 5.0624), the exchange rate shifted by +0.7712 (+15.23%).

2024 Avg (September) 5.8336
2023 Avg (September) 5.0624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.3865 5.2001 5.3221
February 5.3738 5.2174 5.3077
March 5.4489 5.2716 5.3795
April 5.5949 5.3692 5.4477
May 5.7041 5.4373 5.5454
June 5.7179 5.5482 5.6117
July 5.7858 5.5633 5.6511
August 5.8241 5.6779 5.7627
September 5.8928 5.7796 5.8336
October 5.8900 5.7855 5.8217
November 5.8424 5.6921 5.7457
December 5.7662 5.6975 5.7372