2023 IQD to UYU Historical Review

YEARLY HIGH

0.0308 UYU

YEARLY LOW

0.0262 UYU

YEARLY AVERAGE

0.0286 UYU

2023 IQD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0308. Conversely, the yearly low was recorded on February 4, dropping to 0.0262.

This high-to-low spread represents a total annual volatility of 0.0046 UYU. From a start-to-finish perspective, comparing the January average rate of 0.0270 to the December average rate of 0.0300, the exchange rate registered a net change of 10.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0308 was up 0.01% compared to the 2022 peak of 0.0308, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154 UYU

2022 Average 141 UYU

Yearly Trough Low 131 UYU

Transaction Impact: A difference of 23.13 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0307

0.0264

JanuMarcMayJulySeptNove

IQD 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 0.0277, compared to 0.0296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0277

H2 Avg (Jul–Dec) 0.0296

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0034 UYU (High: 0.0299 / Low: 0.0265). On the other end, September was the most stable month, with a tight range of 0.0006 UYU (High: 0.0293 / Low: 0.0287).

May Spread (Volatile) ±0.0034

September Spread (Stable) ±0.0006

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0303) against the same month in 2022 (average: 0.0273), the exchange rate shifted by +0.0030 (+11.00%).

2023 Avg (November) 0.0303

2022 Avg (November) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0274	0.0265	0.0270
February	0.0273	0.0262	0.0268
March	0.0271	0.0265	0.0268
April	0.0295	0.0263	0.0267
May	0.0299	0.0265	0.0295
June	0.0298	0.0286	0.0292
July	0.0292	0.0286	0.0289
August	0.0294	0.0286	0.0289
September	0.0293	0.0287	0.0290
October	0.0306	0.0294	0.0303
November	0.0308	0.0299	0.0303
December	0.0305	0.0297	0.0300