YEARLY HIGH
50.7962 UYU
YEARLY LOW
46.3202 UYU
YEARLY AVERAGE
48.2726 UYU

2023 FKP to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 50.7962. Conversely, the yearly low was recorded on September 26, dropping to 46.3202.

This high-to-low spread represents a total annual volatility of 4.4760 UYU. From a start-to-finish perspective, comparing the January average rate of 48.3371 to the December average rate of 49.7462, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 50.7962 was down 17.00% compared to the 2022 peak of 61.1976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 253,981 UYU
2022 Average 255,089 UYU
Yearly Trough Low 231,601 UYU
Transaction Impact: A difference of 22,379.93 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.0094
46.8509
JanuMarcMayJulySeptNove

FKP 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 48.0136, compared to 48.5316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5180 points.

H1 Avg (Jan–Jun) 48.0136
H2 Avg (Jul–Dec) 48.5316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 2.5983 UYU (High: 49.2397 / Low: 46.6414). On the other end, April was the most stable month, with a tight range of 0.8885 UYU (High: 48.5865 / Low: 47.6979).

October Spread (Volatile) ±2.5983
April Spread (Stable) ±0.8885

Growth Streaks & Declines

Trends

Between February and May, 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 1.1943 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 49.7462) against the same month in 2022 (average: 47.4651), the exchange rate shifted by +2.2811 (+4.81%).

2023 Avg (December) 49.7462
2022 Avg (December) 47.4651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.8873 47.4820 48.3371
February 47.9386 46.4416 47.1429
March 48.6307 46.3972 47.4562
April 48.5865 47.6979 48.2529
May 49.3080 47.6546 48.5104
June 49.0162 47.4367 48.3822
July 50.1167 47.5733 48.7360
August 48.7978 47.4279 48.0853
September 47.7878 46.3202 47.1141
October 49.2397 46.6414 48.2164
November 49.9728 48.7034 49.2918
December 50.7962 49.1197 49.7462