2023 ETB to UYU Historical Review

YEARLY HIGH

0.7455 UYU

YEARLY LOW

0.6800 UYU

YEARLY AVERAGE

0.7094 UYU

2023 ETB to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7455. Conversely, the yearly low was recorded on September 4, dropping to 0.6800.

This high-to-low spread represents a total annual volatility of 0.0655 UYU. From a start-to-finish perspective, comparing the January average rate of 0.7361 to the December average rate of 0.6994, the exchange rate registered a net change of -4.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7455 was down 18.05% compared to the 2022 peak of 0.9096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,727 UYU

2022 Average 3,969 UYU

Yearly Trough Low 3,400 UYU

Transaction Impact: A difference of 327.41 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7410

0.6825

JanuMarcMayJulySeptNove

ETB 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 0.7205, compared to 0.6983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.7205

H2 Avg (Jul–Dec) 0.6983

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0332 UYU (High: 0.7175 / Low: 0.6843). On the other end, April was the most stable month, with a tight range of 0.0108 UYU (High: 0.7212 / Low: 0.7104).

June Spread (Volatile) ±0.0332

April Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between August and October, 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 0.0136 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7361) against the same month in 2022 (average: 0.8978), the exchange rate shifted by -0.1617 (-18.01%).

2023 Avg (January) 0.7361

2022 Avg (January) 0.8978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7455	0.7203	0.7361
February	0.7405	0.7187	0.7276
March	0.7359	0.7188	0.7273
April	0.7212	0.7104	0.7157
May	0.7212	0.7093	0.7151
June	0.7175	0.6843	0.7015
July	0.6984	0.6811	0.6902
August	0.6990	0.6811	0.6873
September	0.6964	0.6800	0.6888
October	0.7227	0.6912	0.7124
November	0.7208	0.6961	0.7116
December	0.7105	0.6932	0.6994