YEARLY HIGH
2.2632 UYU
YEARLY LOW
2.0439 UYU
YEARLY AVERAGE
2.1459 UYU

2023 MDL to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2.2632. Conversely, the yearly low was recorded on July 4, dropping to 2.0439.

This high-to-low spread represents a total annual volatility of 0.2192 UYU. From a start-to-finish perspective, comparing the January average rate of 2.0789 to the December average rate of 2.2309, the exchange rate registered a net change of 7.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2632 was down 10.13% compared to the 2022 peak of 2.5184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,316 UYU
2022 Average 10,932 UYU
Yearly Trough Low 10,220 UYU
Transaction Impact: A difference of 1,096.16 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2461
2.0637
JanuMarcMayJulySeptNove

MDL 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 2.1232, compared to 2.1686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 2.1232
H2 Avg (Jul–Dec) 2.1686

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1497 UYU (High: 2.1937 / Low: 2.0439). On the other end, January was the most stable month, with a tight range of 0.0272 UYU (High: 2.0901 / Low: 2.0629).

July Spread (Volatile) ±0.1497
January Spread (Stable) ±0.0272

Growth Streaks & Declines

Trends

Between January and May, 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 0.0489 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.2309) against the same month in 2022 (average: 2.0176), the exchange rate shifted by +0.2133 (+10.57%).

2023 Avg (December) 2.2309
2022 Avg (December) 2.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0901 2.0629 2.0789
February 2.1257 2.0552 2.0818
March 2.1323 2.0612 2.1012
April 2.1786 2.1118 2.1495
May 2.2046 2.1553 2.1883
June 2.1948 2.0478 2.1395
July 2.1937 2.0439 2.1152
August 2.1810 2.1097 2.1416
September 2.1391 2.0956 2.1161
October 2.2208 2.1080 2.1851
November 2.2430 2.1948 2.2225
December 2.2632 2.1928 2.2309