YEARLY HIGH
0.7219 UYU
YEARLY LOW
0.6599 UYU
YEARLY AVERAGE
0.6936 UYU

2023 DOP to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.7219. Conversely, the yearly low was recorded on September 4, dropping to 0.6599.

This high-to-low spread represents a total annual volatility of 0.0620 UYU. From a start-to-finish perspective, comparing the January average rate of 0.6977 to the December average rate of 0.6851, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7219 was down 7.90% compared to the 2022 peak of 0.7838, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,610 UYU
2022 Average 3,747 UYU
Yearly Trough Low 3,300 UYU
Transaction Impact: A difference of 309.81 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7174
0.6641
JanuMarcMayJulySeptNove

DOP 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 0.7041, compared to 0.6831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 0.7041
H2 Avg (Jul–Dec) 0.6831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0356 UYU (High: 0.7105 / Low: 0.6750). On the other end, May was the most stable month, with a tight range of 0.0107 UYU (High: 0.7186 / Low: 0.7079).

February Spread (Volatile) ±0.0356
May Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0197 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7115) against the same month in 2022 (average: 0.7727), the exchange rate shifted by -0.0612 (-7.91%).

2023 Avg (March) 0.7115
2022 Avg (March) 0.7727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7105 0.6811 0.6977
February 0.7105 0.6750 0.6956
March 0.7219 0.7008 0.7115
April 0.7140 0.7027 0.7088
May 0.7186 0.7079 0.7130
June 0.7125 0.6770 0.6978
July 0.6871 0.6709 0.6781
August 0.6822 0.6633 0.6686
September 0.6761 0.6599 0.6702
October 0.7044 0.6772 0.6975
November 0.7111 0.6874 0.6989
December 0.6977 0.6728 0.6851