2023 BTN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BTN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BTN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 149.1515. Conversely, the yearly low was recorded on January 3, dropping to 135.6757.
This high-to-low spread represents a total annual volatility of 13.4758 UZS. From a start-to-finish perspective, comparing the January average rate of 138.1544 to the December average rate of 148.2677, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 149.1515 was down 1.61% compared to the 2022 peak of 151.5913, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BTN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BTN 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 138.6246, compared to 145.6901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.0655 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 5.5543 UZS (High: 146.3731 / Low: 140.8188). On the other end, November was the most stable month, with a tight range of 1.0033 UZS (High: 148.0449 / Low: 147.0416).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8789 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 148.2677) against the same month in 2022 (average: 136.4647), the exchange rate shifted by +11.8030 (+8.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 139.3515 | 135.6757 | 138.1544 |
| February | 138.2957 | 136.6921 | 137.2755 |
| March | 139.4602 | 137.5185 | 138.4517 |
| April | 139.9572 | 138.4472 | 139.2783 |
| May | 140.1391 | 137.9199 | 139.0559 |
| June | 140.6368 | 138.0025 | 139.5317 |
| July | 141.9316 | 139.8042 | 140.9806 |
| August | 146.3731 | 140.8188 | 143.9085 |
| September | 147.3686 | 145.9639 | 146.5658 |
| October | 147.4851 | 146.2599 | 146.9043 |
| November | 148.0449 | 147.0416 | 147.5137 |
| December | 149.1515 | 147.3091 | 148.2677 |