2023 BAM to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 6993.2124. Conversely, the yearly low was recorded on January 3, dropping to 6057.1435.
This high-to-low spread represents a total annual volatility of 936.0690 UZS. From a start-to-finish perspective, comparing the January average rate of 6219.6140 to the December average rate of 6895.0845, the exchange rate registered a net change of 10.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 6993.2124 was up 7.19% compared to the 2022 peak of 6523.8434, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BAM 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 6296.2691, compared to 6687.5072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 391.2381 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 319.2571 UZS (High: 6924.4452 / Low: 6605.1881). On the other end, October was the most stable month, with a tight range of 122.8445 UZS (High: 6667.0929 / Low: 6544.2484).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 51.8710 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 6895.0845) against the same month in 2022 (average: 6089.8229), the exchange rate shifted by +805.2616 (+13.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6314.7339 | 6057.1435 | 6219.6140 |
| February | 6358.1662 | 6129.4748 | 6210.6072 |
| March | 6360.2853 | 6137.1747 | 6229.8592 |
| April | 6476.2733 | 6338.6057 | 6400.1244 |
| May | 6482.7695 | 6256.7519 | 6363.2212 |
| June | 6464.2069 | 6247.1747 | 6354.1886 |
| July | 6685.9143 | 6393.4757 | 6544.7253 |
| August | 6787.4217 | 6524.5354 | 6649.3931 |
| September | 6711.3256 | 6569.7731 | 6652.6164 |
| October | 6667.0929 | 6544.2484 | 6600.7454 |
| November | 6924.4452 | 6605.1881 | 6782.4786 |
| December | 6993.2124 | 6782.4685 | 6895.0845 |