YEARLY HIGH
0.3731 UYU
YEARLY LOW
0.3431 UYU
YEARLY AVERAGE
0.3581 UYU

2023 RSD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3731. Conversely, the yearly low was recorded on September 27, dropping to 0.3431.

This high-to-low spread represents a total annual volatility of 0.0300 UYU. From a start-to-finish perspective, comparing the January average rate of 0.3628 to the December average rate of 0.3659, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3731 was down 14.09% compared to the 2022 peak of 0.4343, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,865 UYU
2022 Average 1,849 UYU
Yearly Trough Low 1,715 UYU
Transaction Impact: A difference of 150.05 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3680
0.3443
JanuMarcMayJulySeptNove

RSD 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 0.3589, compared to 0.3574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.3589
H2 Avg (Jul–Dec) 0.3574

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0185 UYU (High: 0.3632 / Low: 0.3447). On the other end, September was the most stable month, with a tight range of 0.0070 UYU (High: 0.3501 / Low: 0.3431).

October Spread (Volatile) ±0.0185
September Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between February and April, 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 0.0064 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3659) against the same month in 2022 (average: 0.3520), the exchange rate shifted by +0.0139 (+3.96%).

2023 Avg (December) 0.3659
2022 Avg (December) 0.3520

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3683 0.3572 0.3628
February 0.3630 0.3495 0.3564
March 0.3620 0.3516 0.3571
April 0.3666 0.3586 0.3627
May 0.3688 0.3535 0.3603
June 0.3584 0.3489 0.3541
July 0.3657 0.3473 0.3570
August 0.3593 0.3474 0.3522
September 0.3501 0.3431 0.3462
October 0.3632 0.3447 0.3570
November 0.3699 0.3612 0.3661
December 0.3731 0.3595 0.3659