2023 UYU to ZAR Historical Review

YEARLY HIGH

0.5113 ZAR

YEARLY LOW

0.4207 ZAR

YEARLY AVERAGE

0.4755 ZAR

2023 UYU to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.5113. Conversely, the yearly low was recorded on January 12, dropping to 0.4207.

This high-to-low spread represents a total annual volatility of 0.0906 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4326 to the December average rate of 0.4735, the exchange rate registered a net change of 9.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5113 was up 12.21% compared to the 2022 peak of 0.4557, 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 2,557 ZAR

2022 Average 1,993 ZAR

Yearly Trough Low 2,103 ZAR

Transaction Impact: A difference of 453.23 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5053

0.4260

JanuMarcMayJulySeptNove

UYU to ZAR 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 0.4680, compared to 0.4830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.4680

H2 Avg (Jul–Dec) 0.4830

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0469 ZAR (High: 0.5095 / Low: 0.4627). On the other end, September was the most stable month, with a tight range of 0.0172 ZAR (High: 0.5091 / Low: 0.4919).

July Spread (Volatile) ±0.0469

September Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0182 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.4913) against the same month in 2022 (average: 0.3889), the exchange rate shifted by +0.1024 (+26.34%).

2023 Avg (May) 0.4913

2022 Avg (May) 0.3889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4502	0.4207	0.4326
February	0.4749	0.4405	0.4587
March	0.4816	0.4573	0.4673
April	0.4777	0.4585	0.4685
May	0.5113	0.4680	0.4913
June	0.5059	0.4734	0.4894
July	0.5095	0.4627	0.4815
August	0.5054	0.4821	0.4961
September	0.5091	0.4919	0.4987
October	0.4998	0.4666	0.4805
November	0.4822	0.4549	0.4674
December	0.4853	0.4574	0.4735