2023 BBD to UYU Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BBD to UYU Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BBD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 20.0435. Conversely, the yearly low was recorded on July 4, dropping to 18.7124.
This high-to-low spread represents a total annual volatility of 1.3311 UYU. From a start-to-finish perspective, comparing the January average rate of 19.7405 to the December average rate of 19.6374, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 20.0435 was down 10.42% compared to the 2022 peak of 22.3742, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BBD to UYU 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 19.4658, compared to 19.3577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1081 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 0.7670 UYU (High: 19.5040 / Low: 18.7370). On the other end, May was the most stable month, with a tight range of 0.2225 UYU (High: 19.5459 / Low: 19.3233).
Growth Streaks & Declines
TrendsBetween July and November, 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 May and June, when the average rate fell by 0.2956 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 19.6374) against the same month in 2022 (average: 19.4956), the exchange rate shifted by +0.1417 (+0.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.9852 | 19.3194 | 19.7405 |
| February | 19.7952 | 19.2896 | 19.5383 |
| March | 19.8111 | 19.3680 | 19.5474 |
| April | 19.4925 | 19.1936 | 19.3851 |
| May | 19.5459 | 19.3233 | 19.4396 |
| June | 19.5040 | 18.7370 | 19.1439 |
| July | 19.0872 | 18.7124 | 18.9196 |
| August | 19.1603 | 18.7230 | 18.9295 |
| September | 19.2341 | 18.8039 | 19.0179 |
| October | 19.9912 | 19.2584 | 19.8087 |
| November | 20.0191 | 19.5500 | 19.8332 |
| December | 20.0435 | 19.4604 | 19.6374 |