2024 CVE to UAH Historical Review

YEARLY HIGH

0.4196 UAH

YEARLY LOW

0.3660 UAH

YEARLY AVERAGE

0.3939 UAH

2024 CVE to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.4196. Conversely, the yearly low was recorded on February 6, dropping to 0.3660.

This high-to-low spread represents a total annual volatility of 0.0536 UAH. From a start-to-finish perspective, comparing the January average rate of 0.3742 to the December average rate of 0.3970, the exchange rate registered a net change of 6.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4196 was up 9.52% compared to the 2023 peak of 0.3831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,098 UAH

2023 Average 1,803 UAH

Yearly Trough Low 1,830 UAH

Transaction Impact: A difference of 268.22 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4196

0.3671

JanuMarcMayJulySeptNove

CVE 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 0.3823, compared to 0.4054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.3823

H2 Avg (Jul–Dec) 0.4054

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0193 UAH (High: 0.4098 / Low: 0.3905). On the other end, December was the most stable month, with a tight range of 0.0049 UAH (High: 0.3996 / Low: 0.3947).

November Spread (Volatile) ±0.0193

December Spread (Stable) ±0.0049

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 0.0084 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4152) against the same month in 2023 (average: 0.3575), the exchange rate shifted by +0.0577 (+16.15%).

2024 Avg (September) 0.4152

2023 Avg (September) 0.3575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3819	0.3683	0.3742
February	0.3780	0.3660	0.3715
March	0.3855	0.3731	0.3812
April	0.3867	0.3796	0.3833
May	0.3987	0.3797	0.3890
June	0.3991	0.3919	0.3948
July	0.4112	0.3944	0.4032
August	0.4180	0.4012	0.4105
September	0.4196	0.4109	0.4152
October	0.4150	0.4030	0.4075
November	0.4098	0.3905	0.3991
December	0.3996	0.3947	0.3970