YEARLY HIGH
0.7571 TRY
YEARLY LOW
0.4676 TRY
YEARLY AVERAGE
0.6133 TRY

2023 UYU to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.7571. Conversely, the yearly low was recorded on January 1, dropping to 0.4676.

This high-to-low spread represents a total annual volatility of 0.2895 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4757 to the December average rate of 0.7410, the exchange rate registered a net change of 55.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7571 was up 55.70% compared to the 2022 peak of 0.4863, 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 3,786 TRY
2022 Average 2,022 TRY
Yearly Trough Low 2,338 TRY
Transaction Impact: A difference of 1,447.51 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7675
0.4492
JanuMarcMayJulySeptNove

UYU to TRY 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 0.5119, compared to 0.7147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2028 points.

H1 Avg (Jan–Jun) 0.5119
H2 Avg (Jul–Dec) 0.7147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1564 TRY (High: 0.6952 / Low: 0.5387). On the other end, February was the most stable month, with a tight range of 0.0113 TRY (High: 0.4879 / Low: 0.4766).

June Spread (Volatile) ±0.1564
February Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0061 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7410) against the same month in 2022 (average: 0.4784), the exchange rate shifted by +0.2625 (+54.87%).

2023 Avg (December) 0.7410
2022 Avg (December) 0.4784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4869 0.4676 0.4757
February 0.4879 0.4766 0.4824
March 0.4944 0.4800 0.4860
April 0.5068 0.4942 0.4989
May 0.5356 0.4986 0.5086
June 0.6952 0.5387 0.6200
July 0.7157 0.6828 0.6997
August 0.7214 0.6868 0.7110
September 0.7174 0.7028 0.7101
October 0.7137 0.6934 0.7040
November 0.7402 0.7085 0.7227
December 0.7571 0.7217 0.7410