2023 UYU to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UYU to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UYU to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 16.3005. Conversely, the yearly low was recorded on May 6, dropping to 15.0176.
This high-to-low spread represents a total annual volatility of 1.2829 XOF. From a start-to-finish perspective, comparing the January average rate of 15.4029 to the December average rate of 15.2919, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 16.3005 was down 2.29% compared to the 2022 peak of 16.6827, 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 XOF 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 15.5762, compared to 15.6603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0841 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.8123 XOF (High: 16.2242 / Low: 15.4119). On the other end, September was the most stable month, with a tight range of 0.3274 XOF (High: 16.3005 / Low: 15.9731).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4772 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 16.1507) against the same month in 2022 (average: 16.1853), the exchange rate shifted by -0.0346 (-0.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.6467 | 15.1736 | 15.4029 |
| February | 15.9888 | 15.3916 | 15.6863 |
| March | 15.9033 | 15.4454 | 15.6602 |
| April | 15.6383 | 15.1632 | 15.3974 |
| May | 15.8249 | 15.0176 | 15.5094 |
| June | 16.0372 | 15.6115 | 15.8011 |
| July | 16.1103 | 15.3065 | 15.6794 |
| August | 16.1150 | 15.5756 | 15.8823 |
| September | 16.3005 | 15.9731 | 16.1507 |
| October | 16.2242 | 15.4119 | 15.6735 |
| November | 15.4976 | 15.0761 | 15.2839 |
| December | 15.5655 | 15.0192 | 15.2919 |