YEARLY HIGH
0.0558 BBD
YEARLY LOW
0.0523 BBD
YEARLY AVERAGE
0.0544 BBD

2023 UAH to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0558. Conversely, the yearly low was recorded on December 28, dropping to 0.0523.

This high-to-low spread represents a total annual volatility of 0.0035 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0544 to the December average rate of 0.0538, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0558 was down 23.93% compared to the 2022 peak of 0.0733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279 BBD
2022 Average 311 BBD
Yearly Trough Low 261 BBD
Transaction Impact: A difference of 17.46 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0555
0.0536
JanuMarcMayJulySeptNove

UAH to BBD 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 0.0543, compared to 0.0544 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) 0.0543
H2 Avg (Jul–Dec) 0.0544

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0026 BBD (High: 0.0548 / Low: 0.0523). On the other end, September was the most stable month, with a tight range of 0.0004 BBD (High: 0.0544 / Low: 0.0540).

December Spread (Volatile) ±0.0026
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0554) against the same month in 2022 (average: 0.0543), the exchange rate shifted by +0.0011 (+2.01%).

2023 Avg (November) 0.0554
2022 Avg (November) 0.0543

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0546 0.0541 0.0544
February 0.0547 0.0537 0.0543
March 0.0549 0.0541 0.0543
April 0.0549 0.0541 0.0543
May 0.0545 0.0541 0.0542
June 0.0545 0.0539 0.0542
July 0.0547 0.0541 0.0543
August 0.0545 0.0540 0.0542
September 0.0544 0.0540 0.0542
October 0.0552 0.0540 0.0548
November 0.0558 0.0550 0.0554
December 0.0548 0.0523 0.0538