2023 UYU to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UYU to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UYU to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 230.8265. Conversely, the yearly low was recorded on November 2, dropping to 214.1674.
This high-to-low spread represents a total annual volatility of 16.6591 GNF. From a start-to-finish perspective, comparing the January average rate of 219.5273 to the December average rate of 219.0292, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 230.8265 was up 1.56% compared to the 2022 peak of 227.2784, 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 GNF 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 221.7805, compared to 222.3539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5733 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 10.0889 GNF (High: 230.8265 / Low: 220.7376). On the other end, May was the most stable month, with a tight range of 2.0367 GNF (High: 222.7886 / Low: 220.7519).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 9.1133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 225.3229) against the same month in 2022 (average: 220.9964), the exchange rate shifted by +4.3266 (+1.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 224.9769 | 216.4933 | 219.5273 |
| February | 225.2247 | 216.3118 | 221.2452 |
| March | 224.7596 | 217.1882 | 220.9268 |
| April | 223.4352 | 220.0453 | 221.8280 |
| May | 222.7886 | 220.7519 | 221.8329 |
| June | 230.8265 | 220.7376 | 225.3229 |
| July | 230.8265 | 224.7331 | 227.4756 |
| August | 230.3574 | 224.4500 | 227.4559 |
| September | 228.5222 | 223.6497 | 226.2326 |
| October | 223.6096 | 214.8237 | 217.1193 |
| November | 219.9095 | 214.1674 | 216.8105 |
| December | 220.9050 | 215.4334 | 219.0292 |