2023 AZN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AZN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AZN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 7311.9499. Conversely, the yearly low was recorded on March 18, dropping to 6597.5024.
This high-to-low spread represents a total annual volatility of 714.4475 UZS. From a start-to-finish perspective, comparing the January average rate of 6649.1285 to the December average rate of 7267.0117, the exchange rate registered a net change of 9.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 7311.9499 was up 7.67% compared to the 2022 peak of 6791.0215, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AZN 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 6699.5718, compared to 7107.3913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 407.8195 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 322.2235 UZS (High: 7129.8271 / Low: 6807.6037). On the other end, October was the most stable month, with a tight range of 46.9694 UZS (High: 7199.5398 / Low: 7152.5705).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 7267.0117) against the same month in 2022 (average: 6619.4121), the exchange rate shifted by +647.5996 (+9.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6672.0671 | 6616.2775 | 6649.1285 |
| February | 6704.5741 | 6634.0943 | 6669.4171 |
| March | 6740.5393 | 6597.5024 | 6693.8808 |
| April | 6738.2353 | 6632.3807 | 6709.4019 |
| May | 6761.7647 | 6700.1520 | 6730.6347 |
| June | 6780.3317 | 6708.8189 | 6744.9677 |
| July | 6844.1176 | 6734.5169 | 6807.8126 |
| August | 7129.8271 | 6807.6037 | 7010.0835 |
| September | 7191.6844 | 7119.0189 | 7156.4903 |
| October | 7199.5398 | 7152.5705 | 7185.3837 |
| November | 7250.0000 | 7162.3321 | 7217.5660 |
| December | 7311.9499 | 7228.8098 | 7267.0117 |