2024 UAH to MXN Historical Review

YEARLY HIGH

0.4989 MXN

YEARLY LOW

0.4133 MXN

YEARLY AVERAGE

0.4556 MXN

2024 UAH to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.4989. Conversely, the yearly low was recorded on May 27, dropping to 0.4133.

This high-to-low spread represents a total annual volatility of 0.0856 MXN. From a start-to-finish perspective, comparing the January average rate of 0.4508 to the December average rate of 0.4848, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4989 was down 5.96% compared to the 2023 peak of 0.5305, 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 2,494 MXN

2023 Average 2,410 MXN

Yearly Trough Low 2,067 MXN

Transaction Impact: A difference of 427.76 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4977

0.4160

JanuMarcMayJulySeptNove

UAH to MXN 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 0.4388, compared to 0.4723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0336 points.

H1 Avg (Jan–Jun) 0.4388

H2 Avg (Jul–Dec) 0.4723

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0446 MXN (High: 0.4634 / Low: 0.4189). On the other end, April was the most stable month, with a tight range of 0.0147 MXN (High: 0.4340 / Low: 0.4193).

June Spread (Volatile) ±0.0446

April Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0167 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.4909) against the same month in 2023 (average: 0.4810), the exchange rate shifted by +0.0099 (+2.05%).

2024 Avg (November) 0.4909

2023 Avg (November) 0.4810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4621	0.4404	0.4508
February	0.4566	0.4413	0.4499
March	0.4472	0.4217	0.4332
April	0.4340	0.4193	0.4269
May	0.4327	0.4133	0.4228
June	0.4634	0.4189	0.4492
July	0.4575	0.4273	0.4415
August	0.4804	0.4512	0.4651
September	0.4877	0.4603	0.4749
October	0.4883	0.4664	0.4768
November	0.4989	0.4792	0.4909
December	0.4961	0.4789	0.4848