This article reveals the issue of a detailed study of the hydrological regime of small plain rivers in the presence of data from regular observations. The Ikva River, the object of our study, belongs to the Southern Bug basin and is its small tributary, on which a hydrological indicators monitoring station has been operating since 1939. Since 1955, a continuous series of observations has been available, which allowed us to carry out a detailed analysis and description of the main hydrological characteristics – levels (H, cm) and water flows (Q, m3/s), to evaluate their fluctuations in time, cyclicity and the relationship Q= f(H). The construction of the corresponding graphs confirmed that the Ikva River is characterized by cyclic flow fluctuations, and since 1965 we have already observed two complete cycles of fluctuations in water level lasting about 30 years. At the moment (2022), the flow indicators record the minimum of the low-water phase of the second cycle, so we can expect an increase in the flow in the near future and the transition to a new cycle. We have also determined that the amplitude of water level fluctuations of the Ikva River at the post in the village of Stara Sinyava over many years is 60 cm, and varies from a minimum of 75 cm (1957) to 135 cm (1981), that is, a little more than 0.5 meters in total. This agrees quite well with the literature data and estimates of other authors, considering the plain nature and small size of this object. The long-term course of the water levels of the Ikva River is characterized by a slight increase, while the long-term fluctuations of the average water flow at this station also do not have a large amplitude: from 0.66 m3/s (2020) to 3.64 m3/s (1979) i.e. 2.98 m3/s. At the same time, the general trend line for multi-year cost fluctuations shows, on the contrary, a tendency to decrease them. Therefore, we can state that the graphs of multi-year costs and levels are not synchronous, which is evidence of the manifestation of vertical channel deformations in the area of the post. As the water level increases, the decrease in water consumption is a direct sign of siltation of the riverbed in this area and the raising of the bottom level due to accumulative processes over a long period. The largest amplitudes are characterized by the parameters of the maximum runoff, that is, the amplitudes of the maximum levels (∆Нmax = 168 cm) and maximum flows (∆Qmax = 92.9 m3/s), which is not surprising, because we are talking about the characteristics of the period of floods and inundations, which are always marked by significant fluctuations in time. An interesting fact, identified for us for the first time, is that the characteristics of the minimum flow of the closed period of the channel are characterized by higher amplitudes than the characteristics of the open period. Therefore, the summer low water is more pronounced than the winter low water, which means that in the warm period (summer), the lack of precipitation more clearly provokes a decrease in water levels and flows in the channel system than during the winter period. The reason can be both winter thaws and the specifics of the groundwater regime. Key words: hydrological regime; water level; water flows; hydrological cycle; low water phase; high water phase; relationship Q=f(H).