YEARLY HIGH
0.0361 SGD
YEARLY LOW
0.0332 SGD
YEARLY AVERAGE
0.0346 SGD

2023 UYU to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.0361. Conversely, the yearly low was recorded on January 12, dropping to 0.0332.

This high-to-low spread represents a total annual volatility of 0.0029 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0336 to the December average rate of 0.0339, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0361 was up 2.21% compared to the 2022 peak of 0.0354, 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 181 SGD
2022 Average 168 SGD
Yearly Trough Low 166 SGD
Transaction Impact: A difference of 14.59 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0361
0.0333
JanuMarcMayJulySeptNove

UYU to SGD 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 0.0343, compared to 0.0349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0343
H2 Avg (Jul–Dec) 0.0349

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0016 SGD (High: 0.0361 / Low: 0.0345). On the other end, November was the most stable month, with a tight range of 0.0005 SGD (High: 0.0343 / Low: 0.0337).

June Spread (Volatile) ±0.0016
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0013 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0358) against the same month in 2022 (average: 0.0346), the exchange rate shifted by +0.0013 (+3.74%).

2023 Avg (September) 0.0358
2022 Avg (September) 0.0346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0340 0.0332 0.0336
February 0.0347 0.0337 0.0341
March 0.0346 0.0338 0.0343
April 0.0348 0.0342 0.0344
May 0.0350 0.0340 0.0345
June 0.0361 0.0345 0.0352
July 0.0361 0.0346 0.0353
August 0.0360 0.0350 0.0357
September 0.0361 0.0355 0.0358
October 0.0356 0.0341 0.0346
November 0.0343 0.0337 0.0340
December 0.0343 0.0333 0.0339