2023 BND to UYU Historical Review

YEARLY HIGH

30.0791 UYU

YEARLY LOW

27.5954 UYU

YEARLY AVERAGE

28.9223 UYU

2023 BND to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 30.0791. Conversely, the yearly low was recorded on July 1, dropping to 27.5954.

This high-to-low spread represents a total annual volatility of 2.4837 UYU. From a start-to-finish perspective, comparing the January average rate of 29.7534 to the December average rate of 29.4796, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.0791 was down 9.32% compared to the 2022 peak of 33.1700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150,395 UYU

2022 Average 149,440 UYU

Yearly Trough Low 137,977 UYU

Transaction Impact: A difference of 12,418.53 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.9368

27.7360

JanuMarcMayJulySeptNove

BND 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 29.1523, compared to 28.6922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4601 points.

H1 Avg (Jan–Jun) 29.1523

H2 Avg (Jul–Dec) 28.6922

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.3896 UYU (High: 28.9849 / Low: 27.5954). On the other end, November was the most stable month, with a tight range of 0.4301 UYU (High: 29.6034 / Low: 29.1733).

June Spread (Volatile) ±1.3896

November Spread (Stable) ±0.4301

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 0.5881 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 29.7534) against the same month in 2022 (average: 32.9675), the exchange rate shifted by -3.2141 (-9.75%).

2023 Avg (January) 29.7534

2022 Avg (January) 32.9675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.0791	29.3765	29.7534
February	29.6969	28.7465	29.3409
March	29.5804	28.8712	29.1806
April	29.3641	28.9008	29.1470
May	29.4771	28.6108	29.0401
June	28.9849	27.5954	28.4520
July	28.9530	27.5954	28.3577
August	28.6997	27.7758	28.0335
September	28.1809	27.6928	27.9194
October	29.3207	28.1057	28.9453
November	29.6034	29.1733	29.4180
December	29.9992	29.1425	29.4796