2023 EUR to UAH Historical Review

YEARLY HIGH

42.3463 UAH

YEARLY LOW

38.2289 UAH

YEARLY AVERAGE

39.8265 UAH

2023 EUR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 42.3463. Conversely, the yearly low was recorded on October 13, dropping to 38.2289.

This high-to-low spread represents a total annual volatility of 4.1175 UAH. From a start-to-finish perspective, comparing the January average rate of 39.6560 to the December average rate of 40.6364, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.3463 was up 7.11% compared to the 2022 peak of 39.5336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211,732 UAH

2022 Average 171,253 UAH

Yearly Trough Low 191,144 UAH

Transaction Impact: A difference of 20,587.36 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.9598

38.3502

JanuMarcMayJulySeptNove

EUR 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 39.8634, compared to 39.7897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0738 points.

H1 Avg (Jan–Jun) 39.8634

H2 Avg (Jul–Dec) 39.7897

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 2.7893 UAH (High: 42.3463 / Low: 39.5570). On the other end, October was the most stable month, with a tight range of 0.8699 UAH (High: 39.0987 / Low: 38.2289).

December Spread (Volatile) ±2.7893

October Spread (Stable) ±0.8699

Growth Streaks & Declines

Trends

Between February and April, 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 0.8561 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 40.6364) against the same month in 2022 (average: 39.0558), the exchange rate shifted by +1.5805 (+4.05%).

2023 Avg (December) 40.6364

2022 Avg (December) 39.0558

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.2048	38.6857	39.6560
February	40.6709	38.7630	39.3921
March	40.2623	38.8948	39.4795
April	41.0790	39.6219	40.4589
May	41.4091	39.3407	40.1460
June	40.5902	39.4911	40.0479
July	41.4838	40.0359	40.7423
August	40.7353	39.8559	40.2768
September	39.8879	38.8293	39.4238
October	39.0987	38.2289	38.5677
November	39.9968	38.4150	39.0910
December	42.3463	39.5570	40.6364