2023 BND to UZS Historical Review

YEARLY HIGH

9362.0864 UZS

YEARLY LOW

8359.9657 UZS

YEARLY AVERAGE

8741.5496 UZS

2023 BND to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 9362.0864. Conversely, the yearly low was recorded on January 3, dropping to 8359.9657.

This high-to-low spread represents a total annual volatility of 1002.1208 UZS. From a start-to-finish perspective, comparing the January average rate of 8519.1841 to the December average rate of 9272.9065, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9362.0864 was up 10.12% compared to the 2022 peak of 8501.3736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,810,432 UZS

2022 Average 40,089,679 UZS

Yearly Trough Low 41,799,828 UZS

Transaction Impact: A difference of 5,010,603.81 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9350.6308

8417.9389

JanuMarcMayJulySeptNove

BND 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 8528.5127, compared to 8954.5865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 426.0738 points.

H1 Avg (Jan–Jun) 8528.5127

H2 Avg (Jul–Dec) 8954.5865

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 318.7880 UZS (High: 9254.8651 / Low: 8936.0771). On the other end, September was the most stable month, with a tight range of 69.5757 UZS (High: 8962.7917 / Low: 8893.2160).

November Spread (Volatile) ±318.7880

September Spread (Stable) ±69.5757

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 28.4894 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -28.4894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 9272.9065) against the same month in 2022 (average: 8323.7804), the exchange rate shifted by +949.1261 (+11.40%).

2023 Avg (December) 9272.9065

2022 Avg (December) 8323.7804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8635.4954	8359.9657	8519.1841
February	8650.9363	8404.6181	8513.2942
March	8604.4413	8407.2855	8495.6632
April	8640.0347	8519.9623	8574.8857
May	8643.2104	8420.5779	8546.3962
June	8592.7186	8442.0828	8521.6528
July	8792.8043	8493.1257	8673.9992
August	8956.7445	8650.5898	8823.4906
September	8962.7917	8893.2160	8930.2985
October	8974.3631	8886.6824	8924.6383
November	9254.8651	8936.0771	9102.1859
December	9362.0864	9174.0967	9272.9065