2024 HNL to UAH Historical Review

YEARLY HIGH

1.6814 UAH

YEARLY LOW

1.5146 UAH

YEARLY AVERAGE

1.6157 UAH

2024 HNL to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1.6814. Conversely, the yearly low was recorded on January 22, dropping to 1.5146.

This high-to-low spread represents a total annual volatility of 0.1668 UAH. From a start-to-finish perspective, comparing the January average rate of 1.5329 to the December average rate of 1.6479, the exchange rate registered a net change of 7.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.6814 was up 8.64% compared to the 2023 peak of 1.5477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,407 UAH

2023 Average 7,460 UAH

Yearly Trough Low 7,573 UAH

Transaction Impact: A difference of 834.23 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.6745

1.5200

JanuMarcMayJulySeptNove

HNL 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 1.5783, compared to 1.6532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0749 points.

H1 Avg (Jan–Jun) 1.5783

H2 Avg (Jul–Dec) 1.6532

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0517 UAH (High: 1.6814 / Low: 1.6298). On the other end, November was the most stable month, with a tight range of 0.0177 UAH (High: 1.6533 / Low: 1.6356).

July Spread (Volatile) ±0.0517

November Spread (Stable) ±0.0177

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0122 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1.6555) against the same month in 2023 (average: 1.4961), the exchange rate shifted by +0.1594 (+10.65%).

2024 Avg (July) 1.6555

2023 Avg (July) 1.4961

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5501	1.5146	1.5329
February	1.5592	1.5159	1.5369
March	1.5891	1.5405	1.5661
April	1.6145	1.5734	1.5940
May	1.6354	1.5838	1.6065
June	1.6463	1.6174	1.6333
July	1.6814	1.6298	1.6555
August	1.6795	1.6467	1.6612
September	1.6715	1.6512	1.6617
October	1.6606	1.6403	1.6495
November	1.6533	1.6356	1.6433
December	1.6563	1.6353	1.6479