2023 BDT to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BDT to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BDT to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 112.9118. Conversely, the yearly low was recorded on February 4, dropping to 104.4439.
This high-to-low spread represents a total annual volatility of 8.4680 UZS. From a start-to-finish perspective, comparing the January average rate of 107.8707 to the December average rate of 112.2904, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 112.9118 was down 15.67% compared to the 2022 peak of 133.8871, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BDT 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 107.0748, compared to 110.1758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1010 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 4.3115 UZS (High: 110.7885 / Low: 106.4770). On the other end, October was the most stable month, with a tight range of 0.8627 UZS (High: 111.3367 / Low: 110.4740).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.2179 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 112.2904) against the same month in 2022 (average: 108.4244), the exchange rate shifted by +3.8660 (+3.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 109.1006 | 105.5747 | 107.8707 |
| February | 108.5134 | 104.4439 | 106.6528 |
| March | 108.7475 | 105.8045 | 107.5103 |
| April | 108.4435 | 105.7860 | 107.4682 |
| May | 107.7452 | 105.6205 | 106.8189 |
| June | 106.6219 | 105.5266 | 106.1277 |
| July | 107.7071 | 106.2776 | 106.7708 |
| August | 110.7885 | 106.4770 | 109.0580 |
| September | 111.3327 | 110.2093 | 110.8188 |
| October | 111.3367 | 110.4740 | 110.8735 |
| November | 111.8226 | 110.5201 | 111.2432 |
| December | 112.9118 | 111.5688 | 112.2904 |