2023 BGN to UZS Historical Review

YEARLY HIGH

7020.2231 UZS

YEARLY LOW

6072.9072 UZS

YEARLY AVERAGE

6491.6758 UZS

2023 BGN to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 7020.2231. Conversely, the yearly low was recorded on January 3, dropping to 6072.9072.

This high-to-low spread represents a total annual volatility of 947.3159 UZS. From a start-to-finish perspective, comparing the January average rate of 6232.5619 to the December average rate of 6897.6903, the exchange rate registered a net change of 10.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7020.2231 was up 7.31% compared to the 2022 peak of 6542.1398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,101,116 UZS

2022 Average 29,766,837 UZS

Yearly Trough Low 30,364,536 UZS

Transaction Impact: A difference of 4,736,579.75 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6967.2643

6132.3763

JanuMarcMayJulySeptNove

BGN 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 6297.2886, compared to 6686.0630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 388.7744 points.

H1 Avg (Jan–Jun) 6297.2886

H2 Avg (Jul–Dec) 6686.0630

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 298.7270 UZS (High: 6922.5310 / Low: 6623.8040). On the other end, April was the most stable month, with a tight range of 111.7622 UZS (High: 6456.5755 / Low: 6344.8133).

November Spread (Volatile) ±298.7270

April Spread (Stable) ±111.7622

Growth Streaks & Declines

Trends

Between May and August, 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 42.6796 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -42.6796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 6897.6903) against the same month in 2022 (average: 6088.4559), the exchange rate shifted by +809.2344 (+13.29%).

2023 Avg (December) 6897.6903

2022 Avg (December) 6088.4559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6308.8001	6072.9072	6232.5619
February	6303.6020	6125.8873	6201.9503
March	6370.3473	6136.2173	6233.5415
April	6456.5755	6344.8133	6399.9867
May	6481.5675	6235.2062	6357.6585
June	6461.7628	6260.0063	6358.0327
July	6671.8671	6387.4642	6544.3531
August	6787.4217	6513.6466	6646.2318
September	6696.4316	6554.3802	6641.1956
October	6666.2738	6540.2426	6598.5160
November	6922.5310	6623.8040	6788.3912
December	7020.2231	6777.7428	6897.6903