2023 QAR to UYU Historical Review

YEARLY HIGH

11.0605 UYU

YEARLY LOW

10.2652 UYU

YEARLY AVERAGE

10.6561 UYU

2023 QAR to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 11.0605. Conversely, the yearly low was recorded on July 4, dropping to 10.2652.

This high-to-low spread represents a total annual volatility of 0.7952 UYU. From a start-to-finish perspective, comparing the January average rate of 10.8346 to the December average rate of 10.7760, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.0605 was down 10.01% compared to the 2022 peak of 12.2901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,302 UYU

2022 Average 56,518 UYU

Yearly Trough Low 51,326 UYU

Transaction Impact: A difference of 3,976.23 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.9505

10.3381

JanuMarcMayJulySeptNove

QAR 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 10.6825, compared to 10.6296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0529 points.

H1 Avg (Jan–Jun) 10.6825

H2 Avg (Jul–Dec) 10.6296

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.4213 UYU (High: 10.7135 / Low: 10.2922). On the other end, May was the most stable month, with a tight range of 0.1193 UYU (High: 10.7373 / Low: 10.6180).

June Spread (Volatile) ±0.4213

May Spread (Stable) ±0.1193

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 May and June, when the average rate fell by 0.1658 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 10.8994) against the same month in 2022 (average: 10.9429), the exchange rate shifted by -0.0434 (-0.40%).

2023 Avg (November) 10.8994

2022 Avg (November) 10.9429

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9713	10.5535	10.8346
February	10.8913	10.4764	10.7150
March	10.8624	10.5455	10.7204
April	10.7359	10.4834	10.6356
May	10.7373	10.6180	10.6777
June	10.7135	10.2922	10.5119
July	10.5049	10.2652	10.3942
August	10.5138	10.2845	10.3891
September	10.5653	10.3087	10.4440
October	10.9758	10.5708	10.8749
November	11.0605	10.7391	10.8994
December	10.9944	10.6866	10.7760