YEARLY HIGH
55.4938 UAH
YEARLY LOW
47.1239 UAH
YEARLY AVERAGE
51.3552 UAH

2024 FKP to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 55.4938. Conversely, the yearly low was recorded on February 5, dropping to 47.1239.

This high-to-low spread represents a total annual volatility of 8.3699 UAH. From a start-to-finish perspective, comparing the January average rate of 48.0918 to the December average rate of 52.7802, the exchange rate registered a net change of 9.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 55.4938 was up 13.90% compared to the 2023 peak of 48.7224, 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 277,469 UAH
2023 Average 228,880 UAH
Yearly Trough Low 235,620 UAH
Transaction Impact: A difference of 41,849.64 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55.2158
47.3317
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 49.3678, compared to 53.3427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9749 points.

H1 Avg (Jan–Jun) 49.3678
H2 Avg (Jul–Dec) 53.3427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.8537 UAH (High: 54.8121 / Low: 51.9584). On the other end, December was the most stable month, with a tight range of 0.8586 UAH (High: 53.3050 / Low: 52.4464).

August Spread (Volatile) ±2.8537
December Spread (Stable) ±0.8586

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 1.0590 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.0590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 54.5588) against the same month in 2023 (average: 45.7325), the exchange rate shifted by +8.8263 (+19.30%).

2024 Avg (September) 54.5588
2023 Avg (September) 45.7325

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.7125 47.5133 48.0918
February 48.8238 47.1239 47.9887
March 50.1034 48.1612 49.1966
April 49.8117 48.8386 49.2586
May 51.6607 49.1410 50.2178
June 52.0807 51.0669 51.4533
July 53.9378 51.3939 52.7780
August 54.8121 51.9584 53.3160
September 55.4938 53.7954 54.5588
October 54.7995 53.1254 53.8411
November 54.1081 51.8758 52.7821
December 53.3050 52.4464 52.7802