2023 GMD to UYU Historical Review

YEARLY HIGH

0.6562 UYU

YEARLY LOW

0.5772 UYU

YEARLY AVERAGE

0.6241 UYU

2023 GMD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.6562. Conversely, the yearly low was recorded on December 14, dropping to 0.5772.

This high-to-low spread represents a total annual volatility of 0.0790 UYU. From a start-to-finish perspective, comparing the January average rate of 0.6365 to the December average rate of 0.5831, the exchange rate registered a net change of -8.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6562 was down 22.62% compared to the 2022 peak of 0.8480, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,281 UYU

2022 Average 3,732 UYU

Yearly Trough Low 2,886 UYU

Transaction Impact: A difference of 394.79 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6572

0.5764

JanuMarcMayJulySeptNove

GMD 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 0.6390, compared to 0.6092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0298 points.

H1 Avg (Jan–Jun) 0.6390

H2 Avg (Jul–Dec) 0.6092

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0467 UYU (High: 0.6329 / Low: 0.5863). On the other end, May was the most stable month, with a tight range of 0.0089 UYU (High: 0.6535 / Low: 0.6446).

September Spread (Volatile) ±0.0467

May Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0120 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.6437) against the same month in 2022 (average: 0.7361), the exchange rate shifted by -0.0924 (-12.56%).

2023 Avg (June) 0.6437

2022 Avg (June) 0.7361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6452	0.6252	0.6365
February	0.6474	0.6282	0.6396
March	0.6443	0.6233	0.6369
April	0.6445	0.6198	0.6269
May	0.6535	0.6446	0.6504
June	0.6562	0.6293	0.6437
July	0.6400	0.6279	0.6344
August	0.6346	0.6197	0.6249
September	0.6329	0.5863	0.6158
October	0.6134	0.5890	0.6038
November	0.6155	0.5809	0.5931
December	0.5984	0.5772	0.5831