2023 TOP to UYU Historical Review

YEARLY HIGH

17.0999 UYU

YEARLY LOW

15.7508 UYU

YEARLY AVERAGE

16.4382 UYU

2023 TOP to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 17.0999. Conversely, the yearly low was recorded on September 6, dropping to 15.7508.

This high-to-low spread represents a total annual volatility of 1.3491 UYU. From a start-to-finish perspective, comparing the January average rate of 16.9477 to the December average rate of 16.7140, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.0999 was down 13.08% compared to the 2022 peak of 19.6738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,499 UYU

2022 Average 88,436 UYU

Yearly Trough Low 78,754 UYU

Transaction Impact: A difference of 6,745.41 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.0517

15.8030

JanuMarcMayJulySeptNove

TOP 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 16.5727, compared to 16.3038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2689 points.

H1 Avg (Jan–Jun) 16.5727

H2 Avg (Jul–Dec) 16.3038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6804 UYU (High: 16.4989 / Low: 15.8185). On the other end, November was the most stable month, with a tight range of 0.2965 UYU (High: 16.7858 / Low: 16.4892).

June Spread (Volatile) ±0.6804

November Spread (Stable) ±0.2965

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 0.2453 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 16.9477) against the same month in 2022 (average: 19.5643), the exchange rate shifted by -2.6166 (-13.37%).

2023 Avg (January) 16.9477

2022 Avg (January) 19.5643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.0999	16.7201	16.9477
February	16.9089	16.4206	16.7198
March	16.8919	16.4465	16.5755
April	16.5617	16.2422	16.4748
May	16.6520	16.2754	16.4818
June	16.4989	15.8185	16.2365
July	16.4089	15.8185	16.1152
August	16.1871	15.7601	15.9191
September	16.0996	15.7508	15.9071
October	16.7793	16.1199	16.5256
November	16.7858	16.4892	16.6417
December	17.0636	16.4970	16.7140