YEARLY HIGH
22.3606 UYU
YEARLY LOW
20.6412 UYU
YEARLY AVERAGE
21.4736 UYU

2023 BAM to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 22.3606. Conversely, the yearly low was recorded on September 28, dropping to 20.6412.

This high-to-low spread represents a total annual volatility of 1.7194 UYU. From a start-to-finish perspective, comparing the January average rate of 21.7217 to the December average rate of 21.9202, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.3606 was down 14.44% compared to the 2022 peak of 26.1333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 111,803 UYU
2022 Average 111,089 UYU
Yearly Trough Low 103,206 UYU
Transaction Impact: A difference of 8,597.15 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.0324
20.6861
JanuMarcMayJulySeptNove

BAM to UYU 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 21.5189, compared to 21.4283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0905 points.

H1 Avg (Jan–Jun) 21.5189
H2 Avg (Jul–Dec) 21.4283

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.1021 UYU (High: 21.9346 / Low: 20.8325). On the other end, September was the most stable month, with a tight range of 0.3782 UYU (High: 21.0194 / Low: 20.6412).

July Spread (Volatile) ±1.1021
September Spread (Stable) ±0.3782

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.4094 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 21.9202) against the same month in 2022 (average: 21.1009), the exchange rate shifted by +0.8193 (+3.88%).

2023 Avg (December) 21.9202
2022 Avg (December) 21.1009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.0015 21.3829 21.7217
February 21.7830 20.9432 21.4045
March 21.7086 21.1377 21.3978
April 21.9603 21.4825 21.7548
May 22.1137 21.2190 21.6218
June 21.4349 20.8325 21.2124
July 21.9346 20.8325 21.3968
August 21.5573 20.8152 21.1262
September 21.0194 20.6412 20.7983
October 21.7795 20.7390 21.4084
November 22.1720 21.5638 21.9201
December 22.3606 21.5081 21.9202