YEARLY HIGH
40.0870 UYU
YEARLY LOW
37.4248 UYU
YEARLY AVERAGE
38.8235 UYU

2023 BMD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 40.0870. Conversely, the yearly low was recorded on July 4, dropping to 37.4248.

This high-to-low spread represents a total annual volatility of 2.6622 UYU. From a start-to-finish perspective, comparing the January average rate of 39.4810 to the December average rate of 39.2747, 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 40.0870 was down 10.42% compared to the 2022 peak of 44.7483, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 200,435 UYU
2022 Average 205,932 UYU
Yearly Trough Low 187,124 UYU
Transaction Impact: A difference of 13,310.99 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.8492
37.6565
JanuMarcMayJulySeptNove

BMD 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 38.9316, compared to 38.7154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2162 points.

H1 Avg (Jan–Jun) 38.9316
H2 Avg (Jul–Dec) 38.7154

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.5340 UYU (High: 39.0080 / Low: 37.4740). On the other end, May was the most stable month, with a tight range of 0.4451 UYU (High: 39.0917 / Low: 38.6466).

June Spread (Volatile) ±1.5340
May Spread (Stable) ±0.4451

Growth Streaks & Declines

Trends

Between 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 0.5913 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 39.2747) against the same month in 2022 (average: 38.9913), the exchange rate shifted by +0.2835 (+0.73%).

2023 Avg (December) 39.2747
2022 Avg (December) 38.9913

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.9704 38.6389 39.4810
February 39.5903 38.5792 39.0767
March 39.6222 38.7360 39.0948
April 38.9850 38.3871 38.7703
May 39.0917 38.6466 38.8791
June 39.0080 37.4740 38.2879
July 38.1744 37.4248 37.8392
August 38.3207 37.4460 37.8590
September 38.4681 37.6078 38.0358
October 39.9824 38.5167 39.6174
November 40.0382 39.1000 39.6664
December 40.0870 38.9208 39.2747