2023 UYU to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UYU to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UYU to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 23.7323. Conversely, the yearly low was recorded on February 17, dropping to 20.0508.
This high-to-low spread represents a total annual volatility of 3.6816 CLP. From a start-to-finish perspective, comparing the January average rate of 20.8496 to the December average rate of 22.3049, the exchange rate registered a net change of 6.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 23.7323 was down 7.17% compared to the 2022 peak of 25.5665, 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 2023.
UYU to CLP 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 20.6908, compared to 22.5886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8979 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.4374 CLP (High: 21.4881 / Low: 20.0508). On the other end, May was the most stable month, with a tight range of 0.8617 CLP (High: 21.0128 / Low: 20.1512).
Growth Streaks & Declines
TrendsBetween May and October, 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 October and November, when the average rate fell by 1.0772 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 23.2951) against the same month in 2022 (average: 22.5867), the exchange rate shifted by +0.7084 (+3.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.6517 | 20.4167 | 20.8496 |
| February | 21.4881 | 20.0508 | 20.4990 |
| March | 21.1554 | 20.2733 | 20.6561 |
| April | 21.2360 | 20.3578 | 20.7658 |
| May | 21.0128 | 20.1512 | 20.5223 |
| June | 21.4555 | 20.2054 | 20.8518 |
| July | 22.2986 | 21.1843 | 21.5493 |
| August | 23.0734 | 22.1819 | 22.6299 |
| September | 23.7323 | 22.6562 | 23.2951 |
| October | 23.7054 | 22.3402 | 23.4149 |
| November | 23.2510 | 21.9418 | 22.3377 |
| December | 22.6709 | 21.7122 | 22.3049 |