YEARLY HIGH
0.2860 UAH
YEARLY LOW
0.2701 UAH
YEARLY AVERAGE
0.2786 UAH

2023 NPR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2860. Conversely, the yearly low was recorded on November 23, dropping to 0.2701.

This high-to-low spread represents a total annual volatility of 0.0158 UAH. From a start-to-finish perspective, comparing the January average rate of 0.2808 to the December average rate of 0.2790, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2860 was down 2.57% compared to the 2022 peak of 0.2935, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,430 UAH
2022 Average 1,295 UAH
Yearly Trough Low 1,351 UAH
Transaction Impact: A difference of 79.18 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2819
0.2704
JanuMarcMayJulySeptNove

NPR 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 0.2803, compared to 0.2770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.2803
H2 Avg (Jul–Dec) 0.2770

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0123 UAH (High: 0.2860 / Low: 0.2737). On the other end, September was the most stable month, with a tight range of 0.0022 UAH (High: 0.2792 / Low: 0.2770).

December Spread (Volatile) ±0.0123
September Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and April, 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 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2790) against the same month in 2022 (average: 0.2794), the exchange rate shifted by -0.0004 (-0.14%).

2023 Avg (December) 0.2790
2022 Avg (December) 0.2794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2837 0.2770 0.2808
February 0.2821 0.2772 0.2785
March 0.2830 0.2775 0.2801
April 0.2823 0.2791 0.2810
May 0.2827 0.2781 0.2803
June 0.2819 0.2792 0.2808
July 0.2822 0.2779 0.2805
August 0.2810 0.2768 0.2786
September 0.2792 0.2770 0.2780
October 0.2780 0.2722 0.2744
November 0.2731 0.2701 0.2714
December 0.2860 0.2737 0.2790