2023 UYU to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UYU to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UYU to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 75.8392. Conversely, the yearly low was recorded on January 7, dropping to 51.6965.
This high-to-low spread represents a total annual volatility of 24.1427 BIF. From a start-to-finish perspective, comparing the January average rate of 52.4080 to the December average rate of 72.5870, the exchange rate registered a net change of 38.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 75.8392 was up 40.88% compared to the 2022 peak of 53.8332, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
UYU to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 57.9446, compared to 73.3389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3943 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 19.5228 BIF (High: 72.8845 / Low: 53.3617). On the other end, April was the most stable month, with a tight range of 0.6589 BIF (High: 53.9614 / Low: 53.3025).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.9089 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 73.9106) against the same month in 2022 (average: 51.4856), the exchange rate shifted by +22.4251 (+43.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 53.6089 | 51.6965 | 52.4080 |
| February | 53.6817 | 52.1779 | 53.0570 |
| March | 53.7286 | 52.4865 | 53.1095 |
| April | 53.9614 | 53.3025 | 53.6326 |
| May | 72.8845 | 53.3617 | 61.5500 |
| June | 75.8392 | 72.3442 | 73.9106 |
| July | 75.8392 | 73.8090 | 74.7801 |
| August | 75.6562 | 73.9499 | 74.8609 |
| September | 75.5674 | 73.8575 | 74.5615 |
| October | 73.7895 | 70.9770 | 71.6526 |
| November | 72.7908 | 70.3544 | 71.5916 |
| December | 73.2656 | 71.3581 | 72.5870 |