YEARLY HIGH
0.1027 PEN
YEARLY LOW
0.0887 PEN
YEARLY AVERAGE
0.0935 PEN

2024 UAH to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.1027. Conversely, the yearly low was recorded on December 23, dropping to 0.0887.

This high-to-low spread represents a total annual volatility of 0.0140 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0986 to the December average rate of 0.0893, the exchange rate registered a net change of -9.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1027 was down 4.07% compared to the 2023 peak of 0.1071, 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 514 PEN
2023 Average 508 PEN
Yearly Trough Low 444 PEN
Transaction Impact: A difference of 69.91 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1019
0.0882
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 0.0962, compared to 0.0909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0962
H2 Avg (Jul–Dec) 0.0909

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0050 PEN (High: 0.0992 / Low: 0.0942). On the other end, August was the most stable month, with a tight range of 0.0013 PEN (High: 0.0913 / Low: 0.0900).

March Spread (Volatile) ±0.0050
August Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0048 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1008) against the same month in 2023 (average: 0.1043), the exchange rate shifted by -0.0035 (-3.34%).

2024 Avg (February) 0.1008
2023 Avg (February) 0.1043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1016 0.0969 0.0986
February 0.1027 0.0981 0.1008
March 0.0992 0.0942 0.0960
April 0.0953 0.0928 0.0944
May 0.0952 0.0925 0.0939
June 0.0948 0.0924 0.0934
July 0.0944 0.0896 0.0918
August 0.0913 0.0900 0.0907
September 0.0927 0.0902 0.0913
October 0.0915 0.0898 0.0909
November 0.0923 0.0900 0.0913
December 0.0901 0.0887 0.0893