2023 BZD to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BZD to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BZD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 6147.9876. Conversely, the yearly low was recorded on January 2, dropping to 5579.4707.
This high-to-low spread represents a total annual volatility of 568.5169 UZS. From a start-to-finish perspective, comparing the January average rate of 5607.7519 to the December average rate of 6122.4965, the exchange rate registered a net change of 9.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 6147.9876 was up 7.09% compared to the 2022 peak of 5740.7124, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BZD 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 5654.3988, compared to 5996.7740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 342.3753 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 265.2445 UZS (High: 6004.9150 / Low: 5739.6705). On the other end, April was the most stable month, with a tight range of 43.1750 UZS (High: 5682.2476 / Low: 5639.0726).
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: 6122.4965) against the same month in 2022 (average: 5581.2364), the exchange rate shifted by +541.2601 (+9.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5626.8722 | 5579.4707 | 5607.7519 |
| February | 5643.2216 | 5596.1559 | 5624.2130 |
| March | 5708.6504 | 5636.0277 | 5660.7276 |
| April | 5682.2476 | 5639.0726 | 5664.3204 |
| May | 5702.2498 | 5658.1145 | 5679.2589 |
| June | 5722.2087 | 5660.2536 | 5690.1207 |
| July | 5812.2151 | 5695.2433 | 5748.9900 |
| August | 6004.9150 | 5739.6705 | 5912.1633 |
| September | 6063.5296 | 6003.7544 | 6036.9937 |
| October | 6089.3237 | 6042.5260 | 6064.3627 |
| November | 6116.1609 | 6072.2617 | 6095.6381 |
| December | 6147.9876 | 6093.1369 | 6122.4965 |