2023 NAD to UYU Historical Review

YEARLY HIGH

2.3674 UYU

YEARLY LOW

1.9109 UYU

YEARLY AVERAGE

2.1017 UYU

2023 NAD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.3674. Conversely, the yearly low was recorded on August 14, dropping to 1.9109.

This high-to-low spread represents a total annual volatility of 0.4565 UYU. From a start-to-finish perspective, comparing the January average rate of 2.3119 to the December average rate of 2.1024, the exchange rate registered a net change of -9.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3674 was down 20.06% compared to the 2022 peak of 2.9615, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,837 UYU

2022 Average 12,696 UYU

Yearly Trough Low 9,554 UYU

Transaction Impact: A difference of 2,282.51 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3426

1.9740

JanuMarcMayJulySeptNove

NAD 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 2.1423, compared to 2.0611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0812 points.

H1 Avg (Jan–Jun) 2.1423

H2 Avg (Jul–Dec) 2.0611

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2042 UYU (High: 2.1933 / Low: 1.9892). On the other end, March was the most stable month, with a tight range of 0.0601 UYU (High: 2.1704 / Low: 2.1103).

November Spread (Volatile) ±0.2042

March Spread (Stable) ±0.0601

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1253 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.3119) against the same month in 2022 (average: 2.8724), the exchange rate shifted by -0.5605 (-19.51%).

2023 Avg (January) 2.3119

2022 Avg (January) 2.8724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3674	2.2451	2.3119
February	2.2955	2.1054	2.1866
March	2.1704	2.1103	2.1390
April	2.1896	2.0918	2.1332
May	2.1385	1.9655	2.0383
June	2.0992	1.9673	2.0447
July	2.1467	1.9904	2.0751
August	2.0599	1.9109	2.0093
September	2.0340	1.9637	2.0048
October	2.1284	1.9734	2.0584
November	2.1933	1.9892	2.1167
December	2.1929	2.0388	2.1024