2024 BGN to UYU Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BGN to UYU Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BGN to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 24.0882. Conversely, the yearly low was recorded on April 2, dropping to 20.6769.
This high-to-low spread represents a total annual volatility of 3.4113 UYU. From a start-to-finish perspective, comparing the January average rate of 21.8487 to the December average rate of 23.5500, the exchange rate registered a net change of 7.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 24.0882 was up 7.73% compared to the 2023 peak of 22.3606, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BGN 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 21.4547, compared to 23.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5498 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 1.3462 UYU (High: 24.0882 / Low: 22.7419). On the other end, February was the most stable month, with a tight range of 0.3297 UYU (High: 21.7852 / Low: 21.4555).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3143 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 23.2714) against the same month in 2023 (average: 20.7626), the exchange rate shifted by +2.5088 (+12.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.1323 | 21.4788 | 21.8487 |
| February | 21.7852 | 21.4555 | 21.5912 |
| March | 21.8185 | 20.7208 | 21.3805 |
| April | 21.4177 | 20.6769 | 21.0662 |
| May | 21.5374 | 20.9107 | 21.2765 |
| June | 21.7696 | 21.3865 | 21.5649 |
| July | 22.4637 | 21.9621 | 22.2878 |
| August | 23.1009 | 22.2115 | 22.7320 |
| September | 24.0882 | 22.7419 | 23.2714 |
| October | 23.6622 | 22.6870 | 23.1746 |
| November | 23.2607 | 22.6745 | 23.0113 |
| December | 23.8860 | 23.1791 | 23.5500 |