YEARLY HIGH
0.0633 TOP
YEARLY LOW
0.0565 TOP
YEARLY AVERAGE
0.0590 TOP

2024 UAH to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0633. Conversely, the yearly low was recorded on September 25, dropping to 0.0565.

This high-to-low spread represents a total annual volatility of 0.0068 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0622 to the December average rate of 0.0573, the exchange rate registered a net change of -7.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0633 was down 5.29% compared to the 2023 peak of 0.0668, 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 316 TOP
2023 Average 321 TOP
Yearly Trough Low 282 TOP
Transaction Impact: A difference of 33.80 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0629
0.0563
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 0.0607, compared to 0.0574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0607
H2 Avg (Jul–Dec) 0.0574

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0025 TOP (High: 0.0607 / Low: 0.0582). On the other end, September was the most stable month, with a tight range of 0.0008 TOP (High: 0.0573 / Low: 0.0565).

May Spread (Volatile) ±0.0025
September Spread (Stable) ±0.0008

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 May and June, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0622) against the same month in 2023 (average: 0.0634), the exchange rate shifted by -0.0011 (-1.78%).

2024 Avg (January) 0.0622
2023 Avg (January) 0.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0633 0.0611 0.0622
February 0.0631 0.0612 0.0623
March 0.0624 0.0601 0.0612
April 0.0611 0.0601 0.0606
May 0.0607 0.0582 0.0596
June 0.0587 0.0577 0.0583
July 0.0584 0.0568 0.0577
August 0.0583 0.0566 0.0574
September 0.0573 0.0565 0.0568
October 0.0579 0.0565 0.0572
November 0.0582 0.0574 0.0578
December 0.0578 0.0569 0.0573