2023 UAH to GNF Historical Review

YEARLY HIGH

239.5557 GNF

YEARLY LOW

225.0160 GNF

YEARLY AVERAGE

234.2400 GNF

2023 UAH to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 239.5557. Conversely, the yearly low was recorded on December 28, dropping to 225.0160.

This high-to-low spread represents a total annual volatility of 14.5397 GNF. From a start-to-finish perspective, comparing the January average rate of 235.7650 to the December average rate of 231.2988, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 239.5557 was down 29.98% compared to the 2022 peak of 342.1268, 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 1,197,779 GNF

2022 Average 1,369,958 GNF

Yearly Trough Low 1,125,080 GNF

Transaction Impact: A difference of 72,698.48 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

238.7309

230.6232

JanuMarcMayJulySeptNove

UAH to GNF 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 234.3273, compared to 234.1526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1747 points.

H1 Avg (Jan–Jun) 234.3273

H2 Avg (Jul–Dec) 234.1526

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 10.8720 GNF (High: 235.8880 / Low: 225.0160). On the other end, July was the most stable month, with a tight range of 1.7374 GNF (High: 234.5121 / Low: 232.7747).

December Spread (Volatile) ±10.8720

July Spread (Stable) ±1.7374

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 6.7564 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.7564

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 234.8856) against the same month in 2022 (average: 315.7355), the exchange rate shifted by -80.8499 (-25.61%).

2023 Avg (February) 234.8856

2022 Avg (February) 315.7355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	239.4280	233.2929	235.7650
February	239.5557	232.1503	234.8856
March	238.2174	232.9714	234.4131
April	235.8768	232.1752	233.5943
May	234.9473	232.7202	233.7440
June	234.7805	232.7359	233.5620
July	234.5121	232.7747	233.6169
August	235.8454	232.5101	233.2546
September	234.7323	232.3055	233.0724
October	237.6897	232.7072	235.6176
November	239.4121	236.3899	238.0552
December	235.8880	225.0160	231.2988