2021 TOP to UAH Historical Review

YEARLY HIGH

12.5216 UAH

YEARLY LOW

11.5815 UAH

YEARLY AVERAGE

12.0405 UAH

2021 TOP to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 12.5216. Conversely, the yearly low was recorded on November 11, dropping to 11.5815.

This high-to-low spread represents a total annual volatility of 0.9402 UAH. From a start-to-finish perspective, comparing the January average rate of 12.3704 to the December average rate of 11.9126, the exchange rate registered a net change of -3.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.5216 was up 0.27% compared to the 2020 peak of 12.4878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,608 UAH

2020 Average 58,608 UAH

Yearly Trough Low 57,907 UAH

Transaction Impact: A difference of 4,700.83 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.4375

11.6329

JanuMarcMayJulySeptNove

TOP 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 12.2337, compared to 11.8474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3863 points.

H1 Avg (Jan–Jun) 12.2337

H2 Avg (Jul–Dec) 11.8474

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3384 UAH (High: 11.9199 / Low: 11.5815). On the other end, May was the most stable month, with a tight range of 0.1603 UAH (High: 12.3441 / Low: 12.1838).

November Spread (Volatile) ±0.3384

May Spread (Stable) ±0.1603

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2232 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 12.3704) against the same month in 2020 (average: 10.5234), the exchange rate shifted by +1.8470 (+17.55%).

2021 Avg (January) 12.3704

2020 Avg (January) 10.5234

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5216	12.2263	12.3704
February	12.3011	12.0216	12.1472
March	12.2455	12.0849	12.1888
April	12.3883	12.1189	12.2601
May	12.3441	12.1838	12.2570
June	12.3444	12.0767	12.1786
July	12.1590	11.8598	12.0431
August	11.9506	11.6497	11.8283
September	11.9871	11.6927	11.8665
October	11.8035	11.6073	11.7000
November	11.9199	11.5815	11.7340
December	11.9965	11.7714	11.9126