YEARLY HIGH
0.0974 QAR
YEARLY LOW
0.0904 QAR
YEARLY AVERAGE
0.0939 QAR

2023 UYU to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.0974. Conversely, the yearly low was recorded on November 4, dropping to 0.0904.

This high-to-low spread represents a total annual volatility of 0.0070 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0923 to the December average rate of 0.0928, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0974 was up 2.78% compared to the 2022 peak of 0.0948, 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 487 QAR
2022 Average 443 QAR
Yearly Trough Low 452 QAR
Transaction Impact: A difference of 35.02 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0967
0.0913
JanuMarcMayJulySeptNove

UYU to QAR 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 0.0936, compared to 0.0941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0936
H2 Avg (Jul–Dec) 0.0941

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0038 QAR (High: 0.0972 / Low: 0.0933). On the other end, May was the most stable month, with a tight range of 0.0010 QAR (High: 0.0942 / Low: 0.0931).

June Spread (Volatile) ±0.0038
May Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and August, 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 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0962) against the same month in 2022 (average: 0.0894), the exchange rate shifted by +0.0068 (+7.66%).

2023 Avg (July) 0.0962
2022 Avg (July) 0.0894

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0948 0.0911 0.0923
February 0.0955 0.0918 0.0933
March 0.0948 0.0921 0.0933
April 0.0954 0.0931 0.0940
May 0.0942 0.0931 0.0937
June 0.0972 0.0933 0.0951
July 0.0974 0.0952 0.0962
August 0.0972 0.0951 0.0963
September 0.0970 0.0946 0.0958
October 0.0946 0.0911 0.0920
November 0.0931 0.0904 0.0918
December 0.0936 0.0910 0.0928