2023 UAH to NIO Historical Review

YEARLY HIGH

1.0195 NIO

YEARLY LOW

0.9587 NIO

YEARLY AVERAGE

0.9934 NIO

2023 UAH to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.0195. Conversely, the yearly low was recorded on December 28, dropping to 0.9587.

This high-to-low spread represents a total annual volatility of 0.0608 NIO. From a start-to-finish perspective, comparing the January average rate of 0.9924 to the December average rate of 0.9860, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0195 was down 21.60% compared to the 2022 peak of 1.3005, 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 5,098 NIO

2022 Average 5,568 NIO

Yearly Trough Low 4,793 NIO

Transaction Impact: A difference of 304.07 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0158

0.9833

JanuMarcMayJulySeptNove

UAH to NIO 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 0.9911, compared to 0.9958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.9911

H2 Avg (Jul–Dec) 0.9958

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0491 NIO (High: 1.0078 / Low: 0.9587). On the other end, June was the most stable month, with a tight range of 0.0053 NIO (High: 0.9914 / Low: 0.9861).

December Spread (Volatile) ±0.0491

June Spread (Stable) ±0.0053

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 0.0271 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.0131) against the same month in 2022 (average: 0.9765), the exchange rate shifted by +0.0366 (+3.75%).

2023 Avg (November) 1.0131

2022 Avg (November) 0.9765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9946	0.9863	0.9924
February	0.9979	0.9860	0.9915
March	0.9974	0.9852	0.9906
April	0.9974	0.9878	0.9919
May	0.9952	0.9882	0.9904
June	0.9914	0.9861	0.9898
July	0.9991	0.9880	0.9916
August	0.9957	0.9898	0.9910
September	0.9953	0.9894	0.9908
October	1.0103	0.9903	1.0022
November	1.0195	1.0068	1.0131
December	1.0078	0.9587	0.9860