2024 GMD to UYU Historical Review

YEARLY HIGH

0.6215 UYU

YEARLY LOW

0.5526 UYU

YEARLY AVERAGE

0.5839 UYU

2024 GMD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.6215. Conversely, the yearly low was recorded on March 28, dropping to 0.5526.

This high-to-low spread represents a total annual volatility of 0.0689 UYU. From a start-to-finish perspective, comparing the January average rate of 0.5821 to the December average rate of 0.6124, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6215 was down 5.28% compared to the 2023 peak of 0.6562, 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 3,108 UYU

2023 Average 3,120 UYU

Yearly Trough Low 2,763 UYU

Transaction Impact: A difference of 344.50 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6171

0.5612

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 0.5732, compared to 0.5945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 0.5732

H2 Avg (Jul–Dec) 0.5945

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0493 UYU (High: 0.6171 / Low: 0.5678). On the other end, February was the most stable month, with a tight range of 0.0059 UYU (High: 0.5814 / Low: 0.5755).

September Spread (Volatile) ±0.0493

February Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.0146 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6124) against the same month in 2023 (average: 0.5831), the exchange rate shifted by +0.0293 (+5.02%).

2024 Avg (December) 0.6124

2023 Avg (December) 0.5831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5865	0.5750	0.5821
February	0.5814	0.5755	0.5788
March	0.5752	0.5526	0.5663
April	0.5727	0.5534	0.5659
May	0.5721	0.5638	0.5679
June	0.5852	0.5714	0.5783
July	0.5971	0.5791	0.5922
August	0.5849	0.5670	0.5775
September	0.6171	0.5678	0.5891
October	0.6150	0.5900	0.6004
November	0.6090	0.5802	0.5953
December	0.6215	0.6041	0.6124