YEARLY HIGH
18.3108 UYU
YEARLY LOW
16.5260 UYU
YEARLY AVERAGE
17.4171 UYU

2023 FJD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 18.3108. Conversely, the yearly low was recorded on August 18, dropping to 16.5260.

This high-to-low spread represents a total annual volatility of 1.7848 UYU. From a start-to-finish perspective, comparing the January average rate of 18.1269 to the December average rate of 17.7294, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.3108 was down 13.35% compared to the 2022 peak of 21.1318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,554 UYU
2022 Average 94,197 UYU
Yearly Trough Low 82,630 UYU
Transaction Impact: A difference of 8,924.03 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.2647
16.6107
JanuMarcMayJulySeptNove

FJD 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 17.6269, compared to 17.2073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4195 points.

H1 Avg (Jan–Jun) 17.6269
H2 Avg (Jul–Dec) 17.2073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.9485 UYU (High: 17.5370 / Low: 16.5884). On the other end, September was the most stable month, with a tight range of 0.2907 UYU (High: 16.8822 / Low: 16.5915).

June Spread (Volatile) ±0.9485
September Spread (Stable) ±0.2907

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 January and February, when the average rate fell by 0.3156 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 18.1269) against the same month in 2022 (average: 20.9007), the exchange rate shifted by -2.7738 (-13.27%).

2023 Avg (January) 18.1269
2022 Avg (January) 20.9007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3108 17.7385 18.1269
February 18.0604 17.4973 17.8114
March 17.9327 17.4265 17.6261
April 17.6694 17.2635 17.5182
May 17.7249 17.1899 17.4759
June 17.5370 16.5884 17.2027
July 17.5064 16.6579 17.0624
August 17.2550 16.5260 16.7821
September 16.8822 16.5915 16.7485
October 17.6757 16.7558 17.3655
November 17.7628 17.2667 17.5562
December 18.0648 17.4673 17.7294