YEARLY HIGH
0.4112 MVR
YEARLY LOW
0.3823 MVR
YEARLY AVERAGE
0.3960 MVR

2023 UYU to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.4112. Conversely, the yearly low was recorded on November 14, dropping to 0.3823.

This high-to-low spread represents a total annual volatility of 0.0290 MVR. From a start-to-finish perspective, comparing the January average rate of 0.3897 to the December average rate of 0.3914, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4112 was up 2.41% compared to the 2022 peak of 0.4015, 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 2,056 MVR
2022 Average 1,875 MVR
Yearly Trough Low 1,911 MVR
Transaction Impact: A difference of 144.80 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4083
0.3855
JanuMarcMayJulySeptNove

UYU to MVR 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 0.3946, compared to 0.3975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.3946
H2 Avg (Jul–Dec) 0.3975

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0150 MVR (High: 0.4085 / Low: 0.3935). On the other end, May was the most stable month, with a tight range of 0.0043 MVR (High: 0.3972 / Low: 0.3929).

June Spread (Volatile) ±0.0150
May Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0169 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4064) against the same month in 2022 (average: 0.3765), the exchange rate shifted by +0.0299 (+7.93%).

2023 Avg (July) 0.4064
2022 Avg (July) 0.3765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3975 0.3853 0.3897
February 0.3979 0.3880 0.3929
March 0.3982 0.3887 0.3933
April 0.4001 0.3937 0.3961
May 0.3972 0.3929 0.3947
June 0.4085 0.3935 0.4008
July 0.4112 0.4031 0.4064
August 0.4102 0.4004 0.4061
September 0.4095 0.4003 0.4053
October 0.3985 0.3842 0.3885
November 0.3926 0.3823 0.3874
December 0.3957 0.3842 0.3914