2024 UYU to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UYU to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UYU to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 24.0875. Conversely, the yearly low was recorded on January 10, dropping to 20.6534.
This high-to-low spread represents a total annual volatility of 3.4340 ARS. From a start-to-finish perspective, comparing the January average rate of 20.8749 to the December average rate of 23.1921, the exchange rate registered a net change of 11.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 24.0875 was up 16.14% compared to the 2023 peak of 20.7399, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UYU to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.1606, compared to 23.3418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1812 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 1.2909 ARS (High: 22.8412 / Low: 21.5503). On the other end, June was the most stable month, with a tight range of 0.2944 ARS (High: 23.2051 / Low: 22.9107).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4038 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 23.5438) against the same month in 2023 (average: 8.8361), the exchange rate shifted by +14.7077 (+166.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.2512 | 20.6534 | 20.8749 |
| February | 21.5931 | 21.1018 | 21.3196 |
| March | 22.8412 | 21.5503 | 22.1169 |
| April | 22.9667 | 22.3316 | 22.5878 |
| May | 23.2089 | 22.7721 | 23.0075 |
| June | 23.2051 | 22.9107 | 23.0567 |
| July | 23.1348 | 22.6714 | 22.9535 |
| August | 23.5816 | 23.0142 | 23.3222 |
| September | 23.8779 | 22.9122 | 23.4434 |
| October | 24.0875 | 23.1616 | 23.5438 |
| November | 23.8820 | 23.2244 | 23.5959 |
| December | 23.6065 | 22.8323 | 23.1921 |