2023 UAH to TOP Historical Review

YEARLY HIGH

0.0668 TOP

YEARLY LOW

0.0610 TOP

YEARLY AVERAGE

0.0642 TOP

2023 UAH to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0668. Conversely, the yearly low was recorded on December 28, dropping to 0.0610.

This high-to-low spread represents a total annual volatility of 0.0058 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0634 to the December average rate of 0.0632, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0668 was down 20.06% compared to the 2022 peak of 0.0835, 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 334 TOP

2022 Average 361 TOP

Yearly Trough Low 305 TOP

Transaction Impact: A difference of 29.06 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0663

0.0629

JanuMarcMayJulySeptNove

UAH to TOP 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 0.0638, compared to 0.0646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0638

H2 Avg (Jul–Dec) 0.0646

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0037 TOP (High: 0.0646 / Low: 0.0610). On the other end, September was the most stable month, with a tight range of 0.0006 TOP (High: 0.0651 / Low: 0.0645).

December Spread (Volatile) ±0.0037

September Spread (Stable) ±0.0006

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 November and December, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0660) against the same month in 2022 (average: 0.0647), the exchange rate shifted by +0.0012 (+1.91%).

2023 Avg (November) 0.0660

2022 Avg (November) 0.0647

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0641	0.0627	0.0634
February	0.0643	0.0620	0.0635
March	0.0648	0.0635	0.0640
April	0.0649	0.0634	0.0639
May	0.0647	0.0634	0.0639
June	0.0645	0.0633	0.0639
July	0.0646	0.0631	0.0637
August	0.0649	0.0636	0.0644
September	0.0651	0.0645	0.0648
October	0.0664	0.0646	0.0657
November	0.0668	0.0648	0.0660
December	0.0646	0.0610	0.0632