YEARLY HIGH
6147.9876 UZS
YEARLY LOW
5579.4707 UZS
YEARLY AVERAGE
5825.5864 UZS

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.

Transfer Payout Power Comparison

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

Yearly Peak High 30,739,938 UZS
2022 Average 27,415,224 UZS
Yearly Trough Low 27,897,354 UZS
Transaction Impact: A difference of 2,842,584.57 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6173.9710
5556.2775
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 5654.3988
H2 Avg (Jul–Dec) 5996.7740

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±265.2445
April Spread (Stable) ±43.1750

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 6122.4965
2022 Avg (December) 5581.2364

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