2023 SGD to UYU Historical Review

YEARLY HIGH

30.0990 UYU

YEARLY LOW

27.6695 UYU

YEARLY AVERAGE

28.9141 UYU

2023 SGD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 30.0990. Conversely, the yearly low was recorded on September 6, dropping to 27.6695.

This high-to-low spread represents a total annual volatility of 2.4295 UYU. From a start-to-finish perspective, comparing the January average rate of 29.8047 to the December average rate of 29.5003, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.0990 was down 9.35% compared to the 2022 peak of 33.2027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150,495 UYU

2022 Average 149,454 UYU

Yearly Trough Low 138,347 UYU

Transaction Impact: A difference of 12,147.57 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.9953

27.7077

JanuMarcMayJulySeptNove

SGD 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 29.1397, compared to 28.6885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4512 points.

H1 Avg (Jan–Jun) 29.1397

H2 Avg (Jul–Dec) 28.6885

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.3048 UYU (High: 29.0182 / Low: 27.7134). On the other end, November was the most stable month, with a tight range of 0.4637 UYU (High: 29.6432 / Low: 29.1796).

June Spread (Volatile) ±1.3048

November Spread (Stable) ±0.4637

Growth Streaks & Declines

Trends

Between September and December, 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 0.5774 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 29.8047) against the same month in 2022 (average: 32.9611), the exchange rate shifted by -3.1564 (-9.58%).

2023 Avg (January) 29.8047

2022 Avg (January) 32.9611

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.0990	29.3926	29.8047
February	29.6719	28.7921	29.3141
March	29.6212	28.8808	29.1560
April	29.2618	28.7497	29.1073
May	29.4476	28.5585	29.0166
June	29.0182	27.7134	28.4393
July	28.8729	27.7037	28.3463
August	28.5767	27.7794	28.0232
September	28.1591	27.6695	27.8983
October	29.3414	28.0875	28.9410
November	29.6432	29.1796	29.4216
December	30.0658	29.1436	29.5003