YEARLY HIGH
0.0262 EUR
YEARLY LOW
0.0236 EUR
YEARLY AVERAGE
0.0251 EUR

2023 UAH to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.0262. Conversely, the yearly low was recorded on December 28, dropping to 0.0236.

This high-to-low spread represents a total annual volatility of 0.0025 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0252 to the December average rate of 0.0246, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0262 was down 22.56% compared to the 2022 peak of 0.0338, 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 131 EUR
2022 Average 147 EUR
Yearly Trough Low 118 EUR
Transaction Impact: A difference of 12.72 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0261
0.0244
JanuMarcMayJulySeptNove

UAH to EUR 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 0.0251, compared to 0.0251 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) 0.0251
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0017 EUR (High: 0.0253 / Low: 0.0236). On the other end, August was the most stable month, with a tight range of 0.0005 EUR (High: 0.0251 / Low: 0.0245).

December Spread (Volatile) ±0.0017
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0259) against the same month in 2022 (average: 0.0276), the exchange rate shifted by -0.0016 (-5.89%).

2023 Avg (October) 0.0259
2022 Avg (October) 0.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0258 0.0249 0.0252
February 0.0258 0.0246 0.0254
March 0.0257 0.0248 0.0253
April 0.0252 0.0243 0.0247
May 0.0254 0.0241 0.0249
June 0.0253 0.0246 0.0250
July 0.0250 0.0241 0.0245
August 0.0251 0.0245 0.0248
September 0.0258 0.0251 0.0254
October 0.0262 0.0256 0.0259
November 0.0260 0.0250 0.0256
December 0.0253 0.0236 0.0246