2024 GMD to UAH Historical Review

YEARLY HIGH

0.6140 UAH

YEARLY LOW

0.5552 UAH

YEARLY AVERAGE

0.5838 UAH

2024 GMD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.6140. Conversely, the yearly low was recorded on January 22, dropping to 0.5552.

This high-to-low spread represents a total annual volatility of 0.0588 UAH. From a start-to-finish perspective, comparing the January average rate of 0.5624 to the December average rate of 0.5817, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6140 was down 1.46% compared to the 2023 peak of 0.6231, 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 3,070 UAH

2023 Average 2,959 UAH

Yearly Trough Low 2,776 UAH

Transaction Impact: A difference of 293.95 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6088

0.5577

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 0.5764, compared to 0.5912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.5764

H2 Avg (Jul–Dec) 0.5912

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0254 UAH (High: 0.6102 / Low: 0.5848). On the other end, November was the most stable month, with a tight range of 0.0094 UAH (High: 0.5867 / Low: 0.5773).

October Spread (Volatile) ±0.0254

November Spread (Stable) ±0.0094

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 July and August, when the average rate fell by 0.0149 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.6046) against the same month in 2023 (average: 0.6177), the exchange rate shifted by -0.0131 (-2.13%).

2024 Avg (July) 0.6046

2023 Avg (July) 0.6177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5683	0.5552	0.5624
February	0.5720	0.5557	0.5620
March	0.5783	0.5581	0.5699
April	0.5859	0.5715	0.5800
May	0.5981	0.5781	0.5864
June	0.6025	0.5915	0.5976
July	0.6140	0.5899	0.6046
August	0.5991	0.5800	0.5897
September	0.6065	0.5813	0.5933
October	0.6102	0.5848	0.5958
November	0.5867	0.5773	0.5819
December	0.5885	0.5777	0.5817