YEARLY HIGH
0.0167 UAH
YEARLY LOW
0.0032 UAH
YEARLY AVERAGE
0.0156 UAH

2024 SYP to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0167. Conversely, the yearly low was recorded on December 22, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0135 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0118, the exchange rate registered a net change of -21.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0167 was up 9.74% compared to the 2023 peak of 0.0152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84 UAH
2023 Average 73 UAH
Yearly Trough Low 16 UAH
Transaction Impact: A difference of 67.49 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0169
0.0114
JanuMarcMayJulySeptNove

SYP 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 0.0155, compared to 0.0156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0155
H2 Avg (Jul–Dec) 0.0156

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0135 UAH (High: 0.0167 / Low: 0.0032). On the other end, October was the most stable month, with a tight range of 0.0001 UAH (High: 0.0165 / Low: 0.0164).

December Spread (Volatile) ±0.0135
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0046 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0118) against the same month in 2023 (average: 0.0148), the exchange rate shifted by -0.0030 (-19.97%).

2024 Avg (December) 0.0118
2023 Avg (December) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0152 0.0149 0.0151
February 0.0154 0.0149 0.0151
March 0.0156 0.0151 0.0154
April 0.0158 0.0154 0.0157
May 0.0161 0.0156 0.0158
June 0.0163 0.0160 0.0161
July 0.0166 0.0161 0.0163
August 0.0165 0.0163 0.0164
September 0.0165 0.0163 0.0164
October 0.0165 0.0164 0.0164
November 0.0166 0.0164 0.0165
December 0.0167 0.0032 0.0118