2023 BMD to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BMD to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BMD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 12430.3148. Conversely, the yearly low was recorded on March 18, dropping to 11215.7540.
This high-to-low spread represents a total annual volatility of 1214.5608 UZS. From a start-to-finish perspective, comparing the January average rate of 11303.6471 to the December average rate of 12353.9199, 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 12430.3148 was up 7.67% compared to the 2022 peak of 11544.7365, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BMD 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 11389.8855, compared to 12083.1866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 693.3011 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 547.7799 UZS (High: 12120.7062 / Low: 11572.9263). On the other end, October was the most stable month, with a tight range of 79.8479 UZS (High: 12239.2177 / Low: 12159.3698).
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: 12353.9199) against the same month in 2022 (average: 11253.0005), the exchange rate shifted by +1100.9194 (+9.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11342.5140 | 11247.6717 | 11303.6471 |
| February | 11397.7760 | 11277.9602 | 11338.0091 |
| March | 11458.9168 | 11215.7540 | 11381.9308 |
| April | 11455.0000 | 11275.0473 | 11405.9848 |
| May | 11495.0000 | 11390.2584 | 11442.0790 |
| June | 11535.0000 | 11404.9921 | 11467.6623 |
| July | 11635.0000 | 11448.8269 | 11574.4641 |
| August | 12120.7062 | 11572.9263 | 11917.1420 |
| September | 12225.8634 | 12102.3321 | 12166.0335 |
| October | 12239.2177 | 12159.3698 | 12215.1524 |
| November | 12325.0000 | 12175.9646 | 12272.4079 |
| December | 12430.3148 | 12288.9767 | 12353.9199 |