YEARLY HIGH
106.1735 UYU
YEARLY LOW
99.2659 UYU
YEARLY AVERAGE
103.0265 UYU

2023 BHD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 106.1735. Conversely, the yearly low was recorded on July 4, dropping to 99.2659.

This high-to-low spread represents a total annual volatility of 6.9075 UYU. From a start-to-finish perspective, comparing the January average rate of 104.7443 to the December average rate of 104.1602, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 106.1735 was down 10.55% compared to the 2022 peak of 118.6902, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 530,867 UYU
2022 Average 546,222 UYU
Yearly Trough Low 496,330 UYU
Transaction Impact: A difference of 34,537.65 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

105.7455
99.9232
JanuMarcMayJulySeptNove

BHD 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 103.3367, compared to 102.7163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6204 points.

H1 Avg (Jan–Jun) 103.3367
H2 Avg (Jul–Dec) 102.7163

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 4.0644 UYU (High: 106.0486 / Low: 101.9843). On the other end, April was the most stable month, with a tight range of 1.1106 UYU (High: 103.4431 / Low: 102.3325).

October Spread (Volatile) ±4.0644
April Spread (Stable) ±1.1106

Growth Streaks & Declines

Trends

Between August and November, 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 1.5411 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 105.2603) against the same month in 2022 (average: 105.7304), the exchange rate shifted by -0.4701 (-0.44%).

2023 Avg (November) 105.2603
2022 Avg (November) 105.7304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.1142 102.4814 104.7443
February 105.6033 102.3444 103.7474
March 105.0828 102.7229 103.8016
April 103.4431 102.3325 102.9228
May 103.8484 102.6184 103.1725
June 103.4761 99.5012 101.6314
July 101.3458 99.2659 100.4591
August 101.6590 99.3280 100.4084
September 102.0356 99.7492 100.9176
October 106.0486 101.9843 105.0919
November 106.1735 103.7607 105.2603
December 105.8768 103.2438 104.1602