YEARLY HIGH
7311.9499 UZS
YEARLY LOW
6597.5024 UZS
YEARLY AVERAGE
6903.4815 UZS

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.

Transfer Payout Power Comparison

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

Yearly Peak High 36,559,749 UZS
2022 Average 32,504,160 UZS
Yearly Trough Low 32,987,512 UZS
Transaction Impact: A difference of 3,572,237.60 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7328.8000
6587.3401
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 6699.5718
H2 Avg (Jul–Dec) 7107.3913

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±322.2235
October Spread (Stable) ±46.9694

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 7267.0117
2022 Avg (December) 6619.4121

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