YEARLY HIGH
0.0248 EUR
YEARLY LOW
0.0229 EUR
YEARLY AVERAGE
0.0238 EUR

2023 UYU to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0248. Conversely, the yearly low was recorded on May 6, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0020 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0233, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0248 was down 2.29% compared to the 2022 peak of 0.0254, 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 124 EUR
2022 Average 116 EUR
Yearly Trough Low 114 EUR
Transaction Impact: A difference of 9.78 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0248
0.0232
JanuMarcMayJulySeptNove

UYU to EUR 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 0.0237, compared to 0.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0237
H2 Avg (Jul–Dec) 0.0239

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0012 EUR (High: 0.0247 / Low: 0.0235). On the other end, September was the most stable month, with a tight range of 0.0005 EUR (High: 0.0248 / Low: 0.0244).

October Spread (Volatile) ±0.0012
September Spread (Stable) ±0.0005

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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0246) against the same month in 2022 (average: 0.0247), the exchange rate shifted by -0.0001 (-0.21%).

2023 Avg (September) 0.0246
2022 Avg (September) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0239 0.0231 0.0235
February 0.0244 0.0235 0.0239
March 0.0242 0.0235 0.0239
April 0.0238 0.0231 0.0235
May 0.0241 0.0229 0.0236
June 0.0244 0.0238 0.0241
July 0.0246 0.0233 0.0239
August 0.0246 0.0237 0.0242
September 0.0248 0.0244 0.0246
October 0.0247 0.0235 0.0239
November 0.0236 0.0230 0.0233
December 0.0237 0.0229 0.0233