YEARLY HIGH
56.5082 UYU
YEARLY LOW
52.7555 UYU
YEARLY AVERAGE
54.7404 UYU

2023 JOD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 56.5082. Conversely, the yearly low was recorded on July 4, dropping to 52.7555.

This high-to-low spread represents a total annual volatility of 3.7527 UYU. From a start-to-finish perspective, comparing the January average rate of 55.6522 to the December average rate of 55.3608, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 56.5082 was down 10.47% compared to the 2022 peak of 63.1147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282,541 UYU
2022 Average 290,428 UYU
Yearly Trough Low 263,777 UYU
Transaction Impact: A difference of 18,763.74 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.1777
53.0979
JanuMarcMayJulySeptNove

JOD 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 54.8765, compared to 54.6044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2721 points.

H1 Avg (Jan–Jun) 54.8765
H2 Avg (Jul–Dec) 54.6044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 2.1698 UYU (High: 54.9873 / Low: 52.8175). On the other end, May was the most stable month, with a tight range of 0.6196 UYU (High: 55.0975 / Low: 54.4779).

June Spread (Volatile) ±2.1698
May Spread (Stable) ±0.6196

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.8295 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 55.3608) against the same month in 2022 (average: 54.9700), the exchange rate shifted by +0.3908 (+0.71%).

2023 Avg (December) 55.3608
2022 Avg (December) 54.9700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.3520 54.4747 55.6522
February 55.8082 54.3829 55.0786
March 55.8531 54.6039 55.1019
April 54.9549 54.1121 54.6537
May 55.0975 54.4779 54.8009
June 54.9873 52.8175 53.9715
July 53.8198 52.7555 53.3545
August 54.1176 52.8674 53.4726
September 54.2110 53.1108 53.6737
October 56.3462 54.2795 55.8436
November 56.4475 55.1248 55.9210
December 56.5082 54.8643 55.3608