2024 NAD to UAH Historical Review

YEARLY HIGH

2.3986 UAH

YEARLY LOW

1.9510 UAH

YEARLY AVERAGE

2.1951 UAH

2024 NAD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.3986. Conversely, the yearly low was recorded on January 22, dropping to 1.9510.

This high-to-low spread represents a total annual volatility of 0.4476 UAH. From a start-to-finish perspective, comparing the January average rate of 2.0147 to the December average rate of 2.2926, the exchange rate registered a net change of 13.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3986 was up 9.75% compared to the 2023 peak of 2.1856, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,993 UAH

2023 Average 9,958 UAH

Yearly Trough Low 9,755 UAH

Transaction Impact: A difference of 2,237.93 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3829

1.9678

JanuMarcMayJulySeptNove

NAD 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 2.0859, compared to 2.3044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2185 points.

H1 Avg (Jan–Jun) 2.0859

H2 Avg (Jul–Dec) 2.3044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1421 UAH (High: 2.2594 / Low: 2.1173). On the other end, April was the most stable month, with a tight range of 0.0518 UAH (High: 2.1113 / Low: 2.0595).

June Spread (Volatile) ±0.1421

April Spread (Stable) ±0.0518

Growth Streaks & Declines

Trends

Between February and October, 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 October and November, when the average rate fell by 0.0389 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3429) against the same month in 2023 (average: 1.9459), the exchange rate shifted by +0.3970 (+20.40%).

2024 Avg (September) 2.3429

2023 Avg (September) 1.9459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0596	1.9510	2.0147
February	2.0403	1.9785	2.0024
March	2.0860	1.9913	2.0535
April	2.1113	2.0595	2.0849
May	2.2095	2.1213	2.1616
June	2.2594	2.1173	2.1981
July	2.2809	2.2044	2.2488
August	2.3307	2.2163	2.2840
September	2.3986	2.2960	2.3429
October	2.3875	2.3310	2.3483
November	2.3802	2.2586	2.3095
December	2.3601	2.2301	2.2926