YEARLY HIGH
10.5003 UAH
YEARLY LOW
9.5206 UAH
YEARLY AVERAGE
10.2234 UAH

2023 PGK to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 10.5003. Conversely, the yearly low was recorded on November 24, dropping to 9.5206.

This high-to-low spread represents a total annual volatility of 0.9797 UAH. From a start-to-finish perspective, comparing the January average rate of 10.4343 to the December average rate of 9.9437, the exchange rate registered a net change of -4.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.5003 was down 0.41% compared to the 2022 peak of 10.5433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,502 UAH
2022 Average 46,276 UAH
Yearly Trough Low 47,603 UAH
Transaction Impact: A difference of 4,898.63 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.5448
9.5458
JanuMarcMayJulySeptNove

PGK 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 10.4344, compared to 10.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4220 points.

H1 Avg (Jan–Jun) 10.4344
H2 Avg (Jul–Dec) 10.0124

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.5679 UAH (High: 10.2947 / Low: 9.7268). On the other end, January was the most stable month, with a tight range of 0.0755 UAH (High: 10.4989 / Low: 10.4234).

December Spread (Volatile) ±0.5679
January Spread (Stable) ±0.0755

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2816 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 10.4412) against the same month in 2022 (average: 8.4158), the exchange rate shifted by +2.0253 (+24.07%).

2023 Avg (April) 10.4412
2022 Avg (April) 8.4158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4989 10.4234 10.4343
February 10.4987 10.2959 10.4297
March 10.4946 10.3450 10.4616
April 10.5003 10.2966 10.4412
May 10.4936 10.2231 10.4460
June 10.4996 10.2740 10.3936
July 10.4949 10.1501 10.3173
August 10.4903 10.0894 10.2056
September 10.3394 10.0156 10.1302
October 10.1219 9.6742 9.8486
November 9.7803 9.5206 9.6290
December 10.2947 9.7268 9.9437