2023 UYU to CVE Historical Review

YEARLY HIGH

2.7398 CVE

YEARLY LOW

2.5228 CVE

YEARLY AVERAGE

2.6303 CVE

2023 UYU to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.7398. Conversely, the yearly low was recorded on December 17, dropping to 2.5228.

This high-to-low spread represents a total annual volatility of 0.2170 CVE. From a start-to-finish perspective, comparing the January average rate of 2.5959 to the December average rate of 2.5761, the exchange rate registered a net change of -0.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7398 was down 4.86% compared to the 2022 peak of 2.8799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,699 CVE

2022 Average 12,790 CVE

Yearly Trough Low 12,614 CVE

Transaction Impact: A difference of 1,084.98 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7291

2.5622

JanuMarcMayJulySeptNove

UYU to CVE 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 2.6246, compared to 2.6360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 2.6246

H2 Avg (Jul–Dec) 2.6360

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1397 CVE (High: 2.7099 / Low: 2.5702). On the other end, September was the most stable month, with a tight range of 0.0576 CVE (High: 2.7398 / Low: 2.6822).

July Spread (Volatile) ±0.1397

September Spread (Stable) ±0.0576

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0776 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.7152) against the same month in 2022 (average: 2.7186), the exchange rate shifted by -0.0034 (-0.12%).

2023 Avg (September) 2.7152

2022 Avg (September) 2.7186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6311	2.5625	2.5959
February	2.6925	2.6051	2.6377
March	2.6738	2.5969	2.6364
April	2.6280	2.5613	2.5974
May	2.6635	2.5651	2.6148
June	2.7102	2.6306	2.6652
July	2.7099	2.5702	2.6386
August	2.7085	2.6153	2.6708
September	2.7398	2.6822	2.7152
October	2.7220	2.6003	2.6376
November	2.6212	2.5428	2.5776
December	2.6560	2.5228	2.5761