2024 SZL to UAH Historical Review

YEARLY HIGH

2.3988 UAH

YEARLY LOW

1.9549 UAH

YEARLY AVERAGE

2.1961 UAH

2024 SZL to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.3988. Conversely, the yearly low was recorded on January 22, dropping to 1.9549.

This high-to-low spread represents a total annual volatility of 0.4439 UAH. From a start-to-finish perspective, comparing the January average rate of 2.0149 to the December average rate of 2.2930, the exchange rate registered a net change of 13.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3988 was up 9.80% compared to the 2023 peak of 2.1848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,994 UAH

2023 Average 9,986 UAH

Yearly Trough Low 9,774 UAH

Transaction Impact: A difference of 2,219.45 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3846

1.9683

JanuMarcMayJulySeptNove

SZL 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 2.0866, compared to 2.3055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2190 points.

H1 Avg (Jan–Jun) 2.0866

H2 Avg (Jul–Dec) 2.3055

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1446 UAH (High: 2.2606 / Low: 2.1159). On the other end, April was the most stable month, with a tight range of 0.0555 UAH (High: 2.1150 / Low: 2.0595).

June Spread (Volatile) ±0.1446

April Spread (Stable) ±0.0555

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0371 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3427) against the same month in 2023 (average: 1.9479), the exchange rate shifted by +0.3949 (+20.27%).

2024 Avg (September) 2.3427

2023 Avg (September) 1.9479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0656	1.9549	2.0149
February	2.0405	1.9791	2.0030
March	2.0816	1.9914	2.0549
April	2.1150	2.0595	2.0885
May	2.2154	2.1213	2.1599
June	2.2606	2.1159	2.1982
July	2.2817	2.2053	2.2497
August	2.3313	2.2141	2.2851
September	2.3988	2.2954	2.3427
October	2.3870	2.3290	2.3499
November	2.3806	2.2648	2.3128
December	2.3597	2.2309	2.2930