YEARLY HIGH
0.5543 NAD
YEARLY LOW
0.4575 NAD
YEARLY AVERAGE
0.5028 NAD

2023 UAH to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.5543. Conversely, the yearly low was recorded on January 12, dropping to 0.4575.

This high-to-low spread represents a total annual volatility of 0.0967 NAD. From a start-to-finish perspective, comparing the January average rate of 0.4646 to the December average rate of 0.5025, the exchange rate registered a net change of 8.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5543 was down 5.55% compared to the 2022 peak of 0.5868, 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 2,771 NAD
2022 Average 2,516 NAD
Yearly Trough Low 2,288 NAD
Transaction Impact: A difference of 483.65 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5339
0.4583
JanuMarcMayJulySeptNove

UAH to NAD 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 0.4941, compared to 0.5115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.4941
H2 Avg (Jul–Dec) 0.5115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0500 NAD (High: 0.5523 / Low: 0.5023). On the other end, January was the most stable month, with a tight range of 0.0128 NAD (High: 0.4704 / Low: 0.4575).

November Spread (Volatile) ±0.0500
January Spread (Stable) ±0.0128

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 0.0165 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5276) against the same month in 2022 (average: 0.4905), the exchange rate shifted by +0.0371 (+7.56%).

2023 Avg (October) 0.5276
2022 Avg (October) 0.4905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4704 0.4575 0.4646
February 0.5012 0.4627 0.4858
March 0.5058 0.4876 0.4961
April 0.5032 0.4835 0.4937
May 0.5348 0.4948 0.5173
June 0.5341 0.4921 0.5073
July 0.5144 0.4772 0.4953
August 0.5366 0.4942 0.5105
September 0.5206 0.5074 0.5139
October 0.5543 0.5112 0.5276
November 0.5523 0.5023 0.5190
December 0.5173 0.4843 0.5025