YEARLY HIGH
0.2026 CNY
YEARLY LOW
0.1817 CNY
YEARLY AVERAGE
0.1922 CNY

2023 UAH to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.2026. Conversely, the yearly low was recorded on February 5, dropping to 0.1817.

This high-to-low spread represents a total annual volatility of 0.0209 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1848 to the December average rate of 0.1914, the exchange rate registered a net change of 3.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2026 was down 13.09% compared to the 2022 peak of 0.2331, 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 1,013 CNY
2022 Average 1,041 CNY
Yearly Trough Low 909 CNY
Transaction Impact: A difference of 104.27 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2009
0.1833
JanuMarcMayJulySeptNove

UAH to CNY 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 0.1880, compared to 0.1965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1880
H2 Avg (Jul–Dec) 0.1965

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0092 CNY (High: 0.1950 / Low: 0.1858). On the other end, September was the most stable month, with a tight range of 0.0025 CNY (High: 0.1989 / Low: 0.1963).

December Spread (Volatile) ±0.0092
September Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between April and November, 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 November and December, when the average rate fell by 0.0080 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1995) against the same month in 2022 (average: 0.1945), the exchange rate shifted by +0.0050 (+2.57%).

2023 Avg (November) 0.1995
2022 Avg (November) 0.1945

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1882 0.1824 0.1848
February 0.1894 0.1817 0.1859
March 0.1891 0.1852 0.1871
April 0.1897 0.1859 0.1871
May 0.1927 0.1870 0.1894
June 0.1964 0.1911 0.1937
July 0.1976 0.1923 0.1951
August 0.1977 0.1941 0.1961
September 0.1989 0.1963 0.1975
October 0.2019 0.1938 0.1993
November 0.2026 0.1946 0.1995
December 0.1950 0.1858 0.1914