2023 ETB to UAH Historical Review

YEARLY HIGH

0.6901 UAH

YEARLY LOW

0.6422 UAH

YEARLY AVERAGE

0.6724 UAH

2023 ETB to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.6901. Conversely, the yearly low was recorded on November 22, dropping to 0.6422.

This high-to-low spread represents a total annual volatility of 0.0479 UAH. From a start-to-finish perspective, comparing the January average rate of 0.6853 to the December average rate of 0.6623, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6901 was down 2.64% compared to the 2022 peak of 0.7089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,451 UAH

2022 Average 3,137 UAH

Yearly Trough Low 3,211 UAH

Transaction Impact: A difference of 239.50 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6892

0.6443

JanuMarcMayJulySeptNove

ETB 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 0.6818, compared to 0.6629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.6818

H2 Avg (Jul–Dec) 0.6629

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0323 UAH (High: 0.6814 / Low: 0.6491). On the other end, September was the most stable month, with a tight range of 0.0047 UAH (High: 0.6700 / Low: 0.6654).

December Spread (Volatile) ±0.0323

September Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0122 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6853) against the same month in 2022 (average: 0.5644), the exchange rate shifted by +0.1209 (+21.42%).

2023 Avg (January) 0.6853

2022 Avg (January) 0.5644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6901	0.6830	0.6853
February	0.6897	0.6823	0.6853
March	0.6871	0.6804	0.6855
April	0.6845	0.6754	0.6796
May	0.6818	0.6731	0.6786
June	0.6795	0.6736	0.6766
July	0.6765	0.6674	0.6720
August	0.6754	0.6663	0.6702
September	0.6700	0.6654	0.6686
October	0.6642	0.6508	0.6564
November	0.6533	0.6422	0.6480
December	0.6814	0.6491	0.6623