2023 GMD to UAH Historical Review

YEARLY HIGH

0.6231 UAH

YEARLY LOW

0.5345 UAH

YEARLY AVERAGE

0.5919 UAH

2023 GMD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.6231. Conversely, the yearly low was recorded on November 19, dropping to 0.5345.

This high-to-low spread represents a total annual volatility of 0.0887 UAH. From a start-to-finish perspective, comparing the January average rate of 0.5927 to the December average rate of 0.5523, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6231 was down 9.23% compared to the 2022 peak of 0.6865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,116 UAH

2022 Average 2,942 UAH

Yearly Trough Low 2,672 UAH

Transaction Impact: A difference of 443.33 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6290

0.5320

JanuMarcMayJulySeptNove

GMD 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 0.6048, compared to 0.5789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 0.6048

H2 Avg (Jul–Dec) 0.5789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0441 UAH (High: 0.6119 / Low: 0.5678). On the other end, June was the most stable month, with a tight range of 0.0063 UAH (High: 0.6231 / Low: 0.6169).

September Spread (Volatile) ±0.0441

June Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between April and June, 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 0.0414 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.6209) against the same month in 2022 (average: 0.5460), the exchange rate shifted by +0.0748 (+13.71%).

2023 Avg (June) 0.6209

2022 Avg (June) 0.5460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6008	0.5890	0.5927
February	0.6096	0.5975	0.6024
March	0.6054	0.5901	0.6002
April	0.6158	0.5870	0.5954
May	0.6208	0.6111	0.6173
June	0.6231	0.6169	0.6209
July	0.6207	0.6138	0.6177
August	0.6139	0.6068	0.6094
September	0.6119	0.5678	0.5977
October	0.5749	0.5525	0.5563
November	0.5584	0.5345	0.5401
December	0.5683	0.5416	0.5523