2024 PEN to UAH Historical Review

YEARLY HIGH

11.2682 UAH

YEARLY LOW

9.7346 UAH

YEARLY AVERAGE

10.7052 UAH

2024 PEN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 11.2682. Conversely, the yearly low was recorded on February 7, dropping to 9.7346.

This high-to-low spread represents a total annual volatility of 1.5336 UAH. From a start-to-finish perspective, comparing the January average rate of 10.1433 to the December average rate of 11.1950, the exchange rate registered a net change of 10.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.2682 was up 8.64% compared to the 2023 peak of 10.3721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,341 UAH

2023 Average 49,222 UAH

Yearly Trough Low 48,673 UAH

Transaction Impact: A difference of 7,668.03 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.3221

9.7966

JanuMarcMayJulySeptNove

PEN 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 10.4070, compared to 11.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5963 points.

H1 Avg (Jan–Jun) 10.4070

H2 Avg (Jul–Dec) 11.0033

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.5712 UAH (High: 11.1655 / Low: 10.5943). On the other end, August was the most stable month, with a tight range of 0.1610 UAH (High: 11.1095 / Low: 10.9485).

July Spread (Volatile) ±0.5712

August Spread (Stable) ±0.1610

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2196 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11.1950) against the same month in 2023 (average: 9.9573), the exchange rate shifted by +1.2377 (+12.43%).

2024 Avg (December) 11.1950

2023 Avg (December) 9.9573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3215	9.8420	10.1433
February	10.1918	9.7346	9.9237
March	10.6180	10.0797	10.4228
April	10.7809	10.4888	10.5979
May	10.8061	10.4988	10.6500
June	10.8275	10.5525	10.7045
July	11.1655	10.5943	10.8967
August	11.1095	10.9485	11.0255
September	11.0898	10.7921	10.9487
October	11.1384	10.9312	11.0036
November	11.1051	10.8345	10.9505
December	11.2682	11.0961	11.1950