YEARLY HIGH
0.1071 PEN
YEARLY LOW
0.0964 PEN
YEARLY AVERAGE
0.1017 PEN

2023 UAH to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.1071. Conversely, the yearly low was recorded on July 18, dropping to 0.0964.

This high-to-low spread represents a total annual volatility of 0.0107 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1040 to the December average rate of 0.1005, the exchange rate registered a net change of -3.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1071 was down 26.78% compared to the 2022 peak of 0.1462, 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 535 PEN
2022 Average 595 PEN
Yearly Trough Low 482 PEN
Transaction Impact: A difference of 53.34 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1059
0.0969
JanuMarcMayJulySeptNove

UAH to PEN 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 0.1019, compared to 0.1014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1019
H2 Avg (Jul–Dec) 0.1014

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0057 PEN (High: 0.1026 / Low: 0.0969). On the other end, March was the most stable month, with a tight range of 0.0019 PEN (High: 0.1035 / Low: 0.1017).

December Spread (Volatile) ±0.0057
March Spread (Stable) ±0.0019

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 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1044) against the same month in 2022 (average: 0.1051), the exchange rate shifted by -0.0008 (-0.72%).

2023 Avg (November) 0.1044
2022 Avg (November) 0.1051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1060 0.1027 0.1040
February 0.1060 0.1030 0.1043
March 0.1035 0.1017 0.1025
April 0.1029 0.1003 0.1020
May 0.1009 0.0987 0.0998
June 0.0998 0.0977 0.0987
July 0.0986 0.0964 0.0977
August 0.1010 0.0976 0.1000
September 0.1026 0.1000 0.1009
October 0.1063 0.1026 0.1052
November 0.1071 0.1026 0.1044
December 0.1026 0.0969 0.1005