2023 CVE to UYU Historical Review

YEARLY HIGH

0.3964 UYU

YEARLY LOW

0.3650 UYU

YEARLY AVERAGE

0.3803 UYU

2023 CVE to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3964. Conversely, the yearly low was recorded on September 29, dropping to 0.3650.

This high-to-low spread represents a total annual volatility of 0.0314 UYU. From a start-to-finish perspective, comparing the January average rate of 0.3852 to the December average rate of 0.3882, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3964 was down 14.14% compared to the 2022 peak of 0.4616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 1,982 UYU

2022 Average 1,965 UYU

Yearly Trough Low 1,825 UYU

Transaction Impact: A difference of 156.97 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3902

0.3663

JanuMarcMayJulySeptNove

CVE to UYU 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 0.3811, compared to 0.3795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.3811

H2 Avg (Jul–Dec) 0.3795

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0201 UYU (High: 0.3891 / Low: 0.3690). On the other end, September was the most stable month, with a tight range of 0.0078 UYU (High: 0.3728 / Low: 0.3650).

July Spread (Volatile) ±0.0201

September Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3882) against the same month in 2022 (average: 0.3736), the exchange rate shifted by +0.0146 (+3.91%).

2023 Avg (December) 0.3882

2022 Avg (December) 0.3736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3902	0.3801	0.3852
February	0.3839	0.3714	0.3792
March	0.3851	0.3740	0.3793
April	0.3904	0.3805	0.3850
May	0.3898	0.3754	0.3825
June	0.3801	0.3690	0.3752
July	0.3891	0.3690	0.3791
August	0.3824	0.3692	0.3744
September	0.3728	0.3650	0.3683
October	0.3846	0.3674	0.3792
November	0.3933	0.3815	0.3880
December	0.3964	0.3765	0.3882