2024 TOP to UAH Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TOP to UAH Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TOP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 17.7021. Conversely, the yearly low was recorded on January 24, dropping to 15.8102.
This high-to-low spread represents a total annual volatility of 1.8919 UAH. From a start-to-finish perspective, comparing the January average rate of 16.0667 to the December average rate of 17.4464, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 17.7021 was up 7.93% compared to the 2023 peak of 16.4008, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.4866, compared to 17.4300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9435 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.7098 UAH (High: 17.1848 / Low: 16.4750). On the other end, September was the most stable month, with a tight range of 0.2416 UAH (High: 17.7021 / Low: 17.4605).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1544 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 17.5994) against the same month in 2023 (average: 15.4399), the exchange rate shifted by +2.1596 (+13.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.3652 | 15.8102 | 16.0667 |
| February | 16.3516 | 15.8505 | 16.0454 |
| March | 16.6483 | 16.0276 | 16.3467 |
| April | 16.6411 | 16.3537 | 16.5155 |
| May | 17.1848 | 16.4750 | 16.7800 |
| June | 17.3452 | 17.0283 | 17.1650 |
| July | 17.6163 | 17.1352 | 17.3301 |
| August | 17.6593 | 17.1635 | 17.4189 |
| September | 17.7021 | 17.4605 | 17.5994 |
| October | 17.6915 | 17.2794 | 17.4699 |
| November | 17.4317 | 17.1805 | 17.3155 |
| December | 17.5740 | 17.2988 | 17.4464 |