2023 ARS to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ARS to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ARS to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 63.6594. Conversely, the yearly low was recorded on December 31, dropping to 15.2421.
This high-to-low spread represents a total annual volatility of 48.4173 UZS. From a start-to-finish perspective, comparing the January average rate of 62.1081 to the December average rate of 22.5874, the exchange rate registered a net change of -63.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 63.6594 was down 39.60% compared to the 2022 peak of 105.4041, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ARS to UZS 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 54.3846, compared to 34.6697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.7149 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 18.8700 UZS (High: 34.1121 / Low: 15.2421). On the other end, October was the most stable month, with a tight range of 0.2115 UZS (High: 34.9842 / Low: 34.7727).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 12.1590 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 62.1081) against the same month in 2022 (average: 104.2147), the exchange rate shifted by -42.1066 (-40.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.6594 | 60.2656 | 62.1081 |
| February | 60.5879 | 57.4883 | 59.1336 |
| March | 57.5007 | 54.7442 | 56.2115 |
| April | 54.7772 | 50.9108 | 53.0202 |
| May | 51.4863 | 47.6362 | 49.6073 |
| June | 47.5646 | 44.9705 | 46.2268 |
| July | 44.9705 | 42.2307 | 43.5808 |
| August | 42.1608 | 34.4662 | 37.4332 |
| September | 34.9290 | 34.6097 | 34.7708 |
| October | 34.9842 | 34.7727 | 34.8993 |
| November | 35.1728 | 34.0705 | 34.7464 |
| December | 34.1121 | 15.2421 | 22.5874 |