YEARLY HIGH
56.5658 UYU
YEARLY LOW
47.1297 UYU
YEARLY AVERAGE
51.3730 UYU

2024 FKP to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 56.5658. Conversely, the yearly low was recorded on April 1, dropping to 47.1297.

This high-to-low spread represents a total annual volatility of 9.4361 UYU. From a start-to-finish perspective, comparing the January average rate of 49.7810 to the December average rate of 55.5622, the exchange rate registered a net change of 11.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 56.5658 was up 11.36% compared to the 2023 peak of 50.7962, 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 282,829 UYU
2023 Average 241,410 UYU
Yearly Trough Low 235,648 UYU
Transaction Impact: A difference of 47,180.71 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.3121
47.3124
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 49.0961, compared to 53.6499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5538 points.

H1 Avg (Jan–Jun) 49.0961
H2 Avg (Jul–Dec) 53.6499

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 3.9005 UYU (High: 56.5658 / Low: 52.6653). On the other end, June was the most stable month, with a tight range of 0.9747 UYU (High: 50.3034 / Low: 49.3287).

September Spread (Volatile) ±3.9005
June Spread (Stable) ±0.9747

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8225 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.8225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 54.1709) against the same month in 2023 (average: 47.1141), the exchange rate shifted by +7.0567 (+14.98%).

2024 Avg (September) 54.1709
2023 Avg (September) 47.1141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.2830 49.2118 49.7810
February 49.9445 48.9678 49.4198
March 50.1329 47.3770 48.8849
April 48.8440 47.1297 48.0624
May 49.3352 47.9266 48.6337
June 50.3034 49.3287 49.7948
July 52.2321 50.5880 51.6954
August 53.3598 51.1742 52.2164
September 56.5658 52.6653 54.1709
October 55.5592 53.3541 54.2644
November 54.5824 53.4060 53.9904
December 56.4100 54.5213 55.5622