YEARLY HIGH
9.7652 UAH
YEARLY LOW
8.1982 UAH
YEARLY AVERAGE
8.7743 UAH

2023 PLN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 9.7652. Conversely, the yearly low was recorded on February 19, dropping to 8.1982.

This high-to-low spread represents a total annual volatility of 1.5670 UAH. From a start-to-finish perspective, comparing the January average rate of 8.4815 to the December average rate of 9.3800, the exchange rate registered a net change of 10.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.7652 was up 15.45% compared to the 2022 peak of 8.4580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 195,303 UAH
2022 Average 146,177 UAH
Yearly Trough Low 163,964 UAH
Transaction Impact: A difference of 31,339.61 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.4876
8.1960
JanuMarcMayJulySeptNove

PLN 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 8.6178, compared to 8.9308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3130 points.

H1 Avg (Jan–Jun) 8.6178
H2 Avg (Jul–Dec) 8.9308

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6541 UAH (High: 9.2581 / Low: 8.6039). On the other end, May was the most stable month, with a tight range of 0.2324 UAH (High: 8.9380 / Low: 8.7056).

November Spread (Volatile) ±0.6541
May Spread (Stable) ±0.2324

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4638 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 9.3800) against the same month in 2022 (average: 8.3426), the exchange rate shifted by +1.0374 (+12.43%).

2023 Avg (December) 9.3800
2022 Avg (December) 8.3426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.8791 8.2631 8.4815
February 8.6478 8.1982 8.3036
March 8.6112 8.2606 8.4093
April 8.9034 8.4732 8.7023
May 8.9380 8.7056 8.8305
June 9.1528 8.7937 8.9795
July 9.3226 8.9713 9.1676
August 9.1766 8.9087 9.0336
September 8.9180 8.3807 8.5698
October 8.7448 8.2905 8.5515
November 9.2581 8.6039 8.8821
December 9.7652 9.1219 9.3800