2023 FKP to UAH Historical Review

YEARLY HIGH

48.7224 UAH

YEARLY LOW

43.6678 UAH

YEARLY AVERAGE

45.7649 UAH

2023 FKP to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 48.7224. Conversely, the yearly low was recorded on March 7, dropping to 43.6678.

This high-to-low spread represents a total annual volatility of 5.0546 UAH. From a start-to-finish perspective, comparing the January average rate of 45.0092 to the December average rate of 47.1165, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.7224 was up 6.19% compared to the 2022 peak of 45.8843, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 243,612 UAH

2022 Average 200,695 UAH

Yearly Trough Low 218,339 UAH

Transaction Impact: A difference of 25,273.18 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.7543

44.0996

JanuMarcMayJulySeptNove

FKP 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 45.4452, compared to 46.0847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6395 points.

H1 Avg (Jan–Jun) 45.4452

H2 Avg (Jul–Dec) 46.0847

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 2.6244 UAH (High: 48.7224 / Low: 46.0980). On the other end, August was the most stable month, with a tight range of 0.8342 UAH (High: 47.2731 / Low: 46.4389).

December Spread (Volatile) ±2.6244

August Spread (Stable) ±0.8342

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.3072 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 47.1165) against the same month in 2022 (average: 44.8697), the exchange rate shifted by +2.2468 (+5.01%).

2023 Avg (December) 47.1165

2022 Avg (December) 44.8697

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.7471	43.7926	45.0092
February	45.7485	43.8798	44.4042
March	45.7342	43.6678	44.7255
April	46.4209	45.0557	45.8227
May	46.6851	45.3693	46.0380
June	47.4041	45.8362	46.6713
July	48.4696	46.5841	47.4498
August	47.2731	46.4389	46.8887
September	46.6573	44.8539	45.7325
October	45.1274	44.0069	44.4254
November	46.2079	43.9756	44.8952
December	48.7224	46.0980	47.1165