2023 UAH to INR Historical Review

YEARLY HIGH

2.3188 INR

YEARLY LOW

2.1665 INR

YEARLY AVERAGE

2.2442 INR

2023 UAH to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2.3188. Conversely, the yearly low was recorded on December 28, dropping to 2.1665.

This high-to-low spread represents a total annual volatility of 0.1522 INR. From a start-to-finish perspective, comparing the January average rate of 2.2233 to the December average rate of 2.2384, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3188 was down 15.13% compared to the 2022 peak of 2.7320, 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 11,594 INR

2022 Average 12,165 INR

Yearly Trough Low 10,833 INR

Transaction Impact: A difference of 761.23 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3132

2.2151

JanuMarcMayJulySeptNove

UAH to INR 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 2.2304, compared to 2.2579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0275 points.

H1 Avg (Jan–Jun) 2.2304

H2 Avg (Jul–Dec) 2.2579

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1157 INR (High: 2.2822 / Low: 2.1665). On the other end, September was the most stable month, with a tight range of 0.0196 INR (High: 2.2580 / Low: 2.2383).

December Spread (Volatile) ±0.1157

September Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0667 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.3050) against the same month in 2022 (average: 2.2133), the exchange rate shifted by +0.0917 (+4.14%).

2023 Avg (November) 2.3050

2022 Avg (November) 2.2133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2524	2.2041	2.2233
February	2.2652	2.2092	2.2451
March	2.2665	2.2120	2.2321
April	2.2437	2.2124	2.2260
May	2.2507	2.2127	2.2310
June	2.2382	2.2167	2.2251
July	2.2544	2.2166	2.2309
August	2.2578	2.2276	2.2439
September	2.2580	2.2383	2.2494
October	2.2979	2.2435	2.2800
November	2.3188	2.2862	2.3050
December	2.2822	2.1665	2.2384