2023 CAD to UYU Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CAD to UYU Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CAD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 29.9561. Conversely, the yearly low was recorded on September 4, dropping to 27.6534.
This high-to-low spread represents a total annual volatility of 2.3027 UYU. From a start-to-finish perspective, comparing the January average rate of 29.4190 to the December average rate of 29.2890, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 29.9561 was down 16.13% compared to the 2022 peak of 35.7163, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CAD to UYU Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.8714, compared to 28.6443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2271 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 1.2494 UYU (High: 29.4068 / Low: 28.1574). On the other end, November was the most stable month, with a tight range of 0.6025 UYU (High: 29.2859 / Low: 28.6834).
Growth Streaks & Declines
TrendsBetween March and June, 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 July and August, when the average rate fell by 0.5251 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 29.2890) against the same month in 2022 (average: 28.6595), the exchange rate shifted by +0.6296 (+2.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.7787 | 28.8663 | 29.4190 |
| February | 29.4270 | 28.5057 | 29.0377 |
| March | 28.9788 | 28.0789 | 28.5361 |
| April | 29.1048 | 28.2955 | 28.6839 |
| May | 29.1786 | 28.3574 | 28.7391 |
| June | 29.1970 | 28.2859 | 28.8126 |
| July | 29.1120 | 28.0718 | 28.6017 |
| August | 28.6175 | 27.7044 | 28.0765 |
| September | 28.3958 | 27.6534 | 28.0708 |
| October | 29.4068 | 28.1574 | 28.8901 |
| November | 29.2859 | 28.6834 | 28.9379 |
| December | 29.9561 | 28.7451 | 29.2890 |