2023 UAH to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UAH to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UAH to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 74.9471. Conversely, the yearly low was recorded on January 7, dropping to 55.1138.
This high-to-low spread represents a total annual volatility of 19.8334 CDF. From a start-to-finish perspective, comparing the January average rate of 55.7334 to the December average rate of 73.2034, the exchange rate registered a net change of 31.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 74.9471 was up 2.10% compared to the 2022 peak of 73.4084, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
UAH to CDF 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 57.9422, compared to 68.9931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.0509 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 8.0601 CDF (High: 63.3301 / Low: 55.2699). On the other end, January was the most stable month, with a tight range of 1.2139 CDF (High: 56.3277 / Low: 55.1138).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 73.2034) against the same month in 2022 (average: 55.4968), the exchange rate shifted by +17.7067 (+31.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.3277 | 55.1138 | 55.7334 |
| February | 56.6064 | 55.3716 | 56.0378 |
| March | 56.7284 | 55.3585 | 56.1275 |
| April | 59.5418 | 55.4231 | 56.5302 |
| May | 63.3301 | 55.2699 | 59.3136 |
| June | 65.2505 | 62.8476 | 63.9108 |
| July | 69.0131 | 65.2505 | 67.0160 |
| August | 67.5194 | 66.0967 | 67.0754 |
| September | 67.7941 | 66.5601 | 67.2762 |
| October | 71.2733 | 67.2818 | 68.9908 |
| November | 74.8978 | 67.8119 | 70.3970 |
| December | 74.9471 | 70.8309 | 73.2034 |