2023 MVR to UAH Historical Review

YEARLY HIGH

2.4844 UAH

YEARLY LOW

2.3228 UAH

YEARLY AVERAGE

2.3940 UAH

2023 MVR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.4844. Conversely, the yearly low was recorded on November 5, dropping to 2.3228.

This high-to-low spread represents a total annual volatility of 0.1616 UAH. From a start-to-finish perspective, comparing the January average rate of 2.3894 to the December average rate of 2.4196, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4844 was up 2.73% compared to the 2022 peak of 2.4184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,422 UAH

2022 Average 10,584 UAH

Yearly Trough Low 11,614 UAH

Transaction Impact: A difference of 808.19 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4265

2.3445

JanuMarcMayJulySeptNove

MVR 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 2.3987, compared to 2.3893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 2.3987

H2 Avg (Jul–Dec) 2.3893

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1096 UAH (High: 2.4844 / Low: 2.3748). On the other end, June was the most stable month, with a tight range of 0.0179 UAH (High: 2.4152 / Low: 2.3974).

December Spread (Volatile) ±0.1096

June Spread (Stable) ±0.0179

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0225 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.4196) against the same month in 2022 (average: 2.3979), the exchange rate shifted by +0.0217 (+0.91%).

2023 Avg (December) 2.4196

2022 Avg (December) 2.3979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4044	2.3780	2.3894
February	2.4285	2.3788	2.3972
March	2.4095	2.3647	2.3964
April	2.4079	2.3720	2.3973
May	2.4184	2.3892	2.4046
June	2.4152	2.3974	2.4069
July	2.4124	2.3755	2.3962
August	2.4134	2.3907	2.4016
September	2.4036	2.3849	2.3947
October	2.4111	2.3563	2.3722
November	2.3770	2.3228	2.3513
December	2.4844	2.3748	2.4196