YEARLY HIGH
0.0486 BGN
YEARLY LOW
0.0447 BGN
YEARLY AVERAGE
0.0466 BGN

2023 UYU to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0486. Conversely, the yearly low was recorded on December 17, dropping to 0.0447.

This high-to-low spread represents a total annual volatility of 0.0039 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0459 to the December average rate of 0.0456, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0486 was down 2.06% compared to the 2022 peak of 0.0496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 243 BGN
2022 Average 226 BGN
Yearly Trough Low 224 BGN
Transaction Impact: A difference of 19.42 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0484
0.0453
JanuMarcMayJulySeptNove

UYU to BGN 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 0.0465, compared to 0.0467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0465
H2 Avg (Jul–Dec) 0.0467

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0024 BGN (High: 0.0480 / Low: 0.0456). On the other end, April was the most stable month, with a tight range of 0.0009 BGN (High: 0.0464 / Low: 0.0455).

July Spread (Volatile) ±0.0024
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0482) against the same month in 2022 (average: 0.0483), the exchange rate shifted by -0.0001 (-0.19%).

2023 Avg (September) 0.0482
2022 Avg (September) 0.0483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0466 0.0453 0.0459
February 0.0477 0.0462 0.0468
March 0.0474 0.0461 0.0467
April 0.0464 0.0455 0.0460
May 0.0472 0.0454 0.0463
June 0.0478 0.0466 0.0471
July 0.0480 0.0456 0.0468
August 0.0480 0.0464 0.0474
September 0.0486 0.0476 0.0482
October 0.0484 0.0460 0.0467
November 0.0462 0.0450 0.0456
December 0.0464 0.0447 0.0456