YEARLY HIGH
2.2215 INR
YEARLY LOW
2.0113 INR
YEARLY AVERAGE
2.0850 INR

2024 UAH to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2.2215. Conversely, the yearly low was recorded on July 19, dropping to 2.0113.

This high-to-low spread represents a total annual volatility of 0.2102 INR. From a start-to-finish perspective, comparing the January average rate of 2.1962 to the December average rate of 2.0348, the exchange rate registered a net change of -7.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2215 was down 4.19% compared to the 2023 peak of 2.3188, 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 11,107 INR
2023 Average 11,220 INR
Yearly Trough Low 10,057 INR
Transaction Impact: A difference of 1,050.90 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2128
2.0141
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 2.1340, compared to 2.0359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0981 points.

H1 Avg (Jan–Jun) 2.1340
H2 Avg (Jul–Dec) 2.0359

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0706 INR (High: 2.1255 / Low: 2.0550). On the other end, October was the most stable month, with a tight range of 0.0120 INR (High: 2.0415 / Low: 2.0295).

May Spread (Volatile) ±0.0706
October Spread (Stable) ±0.0120

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 February and March, when the average rate fell by 0.0385 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.1962) against the same month in 2023 (average: 2.2233), the exchange rate shifted by -0.0271 (-1.22%).

2024 Avg (January) 2.1962
2023 Avg (January) 2.2233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2215 2.1726 2.1962
February 2.2134 2.1469 2.1841
March 2.1815 2.1201 2.1456
April 2.1460 2.0955 2.1185
May 2.1255 2.0550 2.0979
June 2.0821 2.0455 2.0616
July 2.0642 2.0113 2.0389
August 2.0489 2.0269 2.0370
September 2.0488 2.0129 2.0307
October 2.0415 2.0295 2.0364
November 2.0494 2.0266 2.0377
December 2.0475 2.0222 2.0348