YEARLY HIGH
10.6934 UYU
YEARLY LOW
9.9982 UYU
YEARLY AVERAGE
10.3813 UYU

2023 PEN to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 10.6934. Conversely, the yearly low was recorded on February 4, dropping to 9.9982.

This high-to-low spread represents a total annual volatility of 0.6952 UYU. From a start-to-finish perspective, comparing the January average rate of 10.3280 to the December average rate of 10.5125, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.6934 was down 8.12% compared to the 2022 peak of 11.6380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,467 UYU
2022 Average 53,744 UYU
Yearly Trough Low 49,991 UYU
Transaction Impact: A difference of 3,475.86 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.5918
10.1456
JanuMarcMayJulySeptNove

PEN 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 10.3727, compared to 10.3898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 10.3727
H2 Avg (Jul–Dec) 10.3898

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.5256 UYU (High: 10.5485 / Low: 10.0229). On the other end, March was the most stable month, with a tight range of 0.1979 UYU (High: 10.4540 / Low: 10.2560).

January Spread (Volatile) ±0.5256
March Spread (Stable) ±0.1979

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.2604 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 10.5162) against the same month in 2022 (average: 10.5066), the exchange rate shifted by +0.0096 (+0.09%).

2023 Avg (July) 10.5162
2022 Avg (July) 10.5066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5485 10.0229 10.3280
February 10.3380 9.9982 10.1828
March 10.4540 10.2560 10.3504
April 10.4303 10.2170 10.3196
May 10.6884 10.4104 10.5546
June 10.6651 10.3151 10.5011
July 10.6934 10.3062 10.5162
August 10.4400 10.1409 10.2558
September 10.3481 10.0895 10.2143
October 10.4646 10.1470 10.3198
November 10.6312 10.3178 10.5202
December 10.6732 10.2896 10.5125