YEARLY HIGH
0.7238 UAH
YEARLY LOW
0.3267 UAH
YEARLY AVERAGE
0.5494 UAH

2024 ETB to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.7238. Conversely, the yearly low was recorded on December 6, dropping to 0.3267.

This high-to-low spread represents a total annual volatility of 0.3971 UAH. From a start-to-finish perspective, comparing the January average rate of 0.6707 to the December average rate of 0.3299, the exchange rate registered a net change of -50.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7238 was up 4.88% compared to the 2023 peak of 0.6901, 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 3,619 UAH
2023 Average 3,362 UAH
Yearly Trough Low 1,633 UAH
Transaction Impact: A difference of 1,985.67 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7431
0.2923
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 0.6856, compared to 0.4132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2724 points.

H1 Avg (Jan–Jun) 0.6856
H2 Avg (Jul–Dec) 0.4132

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1803 UAH (High: 0.7238 / Low: 0.5435). On the other end, December was the most stable month, with a tight range of 0.0098 UAH (High: 0.3364 / Low: 0.3267).

July Spread (Volatile) ±0.1803
December Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.3003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.7056) against the same month in 2023 (average: 0.6720), the exchange rate shifted by +0.0336 (+5.00%).

2024 Avg (July) 0.7056
2023 Avg (July) 0.6720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6796 0.6622 0.6707
February 0.6815 0.6627 0.6709
March 0.6911 0.6704 0.6824
April 0.7015 0.6837 0.6920
May 0.7070 0.6853 0.6932
June 0.7115 0.6983 0.7042
July 0.7238 0.5435 0.7056
August 0.5219 0.3668 0.4052
September 0.3723 0.3446 0.3576
October 0.3488 0.3377 0.3429
November 0.3441 0.3291 0.3377
December 0.3364 0.3267 0.3299