YEARLY HIGH
19.8969 UYU
YEARLY LOW
18.5585 UYU
YEARLY AVERAGE
19.2708 UYU

2023 BZD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 19.8969. Conversely, the yearly low was recorded on July 4, dropping to 18.5585.

This high-to-low spread represents a total annual volatility of 1.3384 UYU. From a start-to-finish perspective, comparing the January average rate of 19.5866 to the December average rate of 19.4642, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.8969 was down 10.55% compared to the 2022 peak of 22.2431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 99,485 UYU
2022 Average 102,172 UYU
Yearly Trough Low 92,793 UYU
Transaction Impact: A difference of 6,692.11 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.7942
18.6902
JanuMarcMayJulySeptNove

BZD 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 19.3273, compared to 19.2143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1130 points.

H1 Avg (Jan–Jun) 19.3273
H2 Avg (Jul–Dec) 19.2143

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.7773 UYU (High: 19.8448 / Low: 19.0674). On the other end, May was the most stable month, with a tight range of 0.2104 UYU (High: 19.4051 / Low: 19.1946).

October Spread (Volatile) ±0.7773
May Spread (Stable) ±0.2104

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 0.2997 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2997

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 19.7022) against the same month in 2022 (average: 19.7930), the exchange rate shifted by -0.0909 (-0.46%).

2023 Avg (November) 19.7022
2022 Avg (November) 19.7930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.8282 19.1736 19.5866
February 19.7469 19.1403 19.3841
March 19.7616 19.2114 19.4438
April 19.3506 19.1135 19.2537
May 19.4051 19.1946 19.2976
June 19.3605 18.5899 18.9979
July 19.1010 18.5585 18.7946
August 19.1114 18.5697 18.7822
September 19.0434 18.6450 18.8740
October 19.8448 19.0674 19.6685
November 19.8969 19.3999 19.7022
December 19.7806 19.2683 19.4642