YEARLY HIGH
0.0229 GBP
YEARLY LOW
0.0205 GBP
YEARLY AVERAGE
0.0219 GBP

2023 UAH to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0229. Conversely, the yearly low was recorded on December 28, dropping to 0.0205.

This high-to-low spread represents a total annual volatility of 0.0024 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0222 to the December average rate of 0.0212, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0229 was down 19.94% compared to the 2022 peak of 0.0286, 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 115 GBP
2022 Average 125 GBP
Yearly Trough Low 103 GBP
Transaction Impact: A difference of 11.88 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0227
0.0209
JanuMarcMayJulySeptNove

UAH to GBP 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 0.0220, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0220
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0012 GBP (High: 0.0217 / Low: 0.0205). On the other end, August was the most stable month, with a tight range of 0.0004 GBP (High: 0.0215 / Low: 0.0212).

December Spread (Volatile) ±0.0012
August Spread (Stable) ±0.0004

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 (March 2023: 0.0224) against the same month in 2022 (average: 0.0256), the exchange rate shifted by -0.0033 (-12.74%).

2023 Avg (March) 0.0224
2022 Avg (March) 0.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0228 0.0219 0.0222
February 0.0228 0.0219 0.0225
March 0.0229 0.0219 0.0224
April 0.0222 0.0215 0.0218
May 0.0220 0.0214 0.0217
June 0.0218 0.0211 0.0214
July 0.0215 0.0206 0.0211
August 0.0215 0.0212 0.0213
September 0.0223 0.0214 0.0219
October 0.0227 0.0222 0.0225
November 0.0227 0.0216 0.0223
December 0.0217 0.0205 0.0212