2023 CNY to UZS Historical Review

YEARLY HIGH

1755.5702 UZS

YEARLY LOW

1578.6477 UZS

YEARLY AVERAGE

1659.3608 UZS

2023 CNY to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 1755.5702. Conversely, the yearly low was recorded on July 2, dropping to 1578.6477.

This high-to-low spread represents a total annual volatility of 176.9225 UZS. From a start-to-finish perspective, comparing the January average rate of 1664.4661 to the December average rate of 1735.5170, the exchange rate registered a net change of 4.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1755.5702 was down 3.19% compared to the 2022 peak of 1813.4138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 43,889,255 UZS

2022 Average 41,127,188 UZS

Yearly Trough Low 39,466,193 UZS

Transaction Impact: A difference of 4,423,061.76 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1748.7741

1589.6894

JanuMarcMayJulySeptNove

CNY 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 1644.8709, compared to 1673.8506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.9796 points.

H1 Avg (Jan–Jun) 1644.8709

H2 Avg (Jul–Dec) 1673.8506

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 70.3686 UZS (High: 1740.7614 / Low: 1670.3929). On the other end, September was the most stable month, with a tight range of 23.0659 UZS (High: 1677.0220 / Low: 1653.9561).

November Spread (Volatile) ±70.3686

September Spread (Stable) ±23.0659

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 34.4787 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -34.4787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1735.5170) against the same month in 2022 (average: 1613.6310), the exchange rate shifted by +121.8860 (+7.55%).

2023 Avg (December) 1735.5170

2022 Avg (December) 1613.6310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1689.5420	1627.1740	1664.4661
February	1682.3119	1630.7422	1656.8143
March	1669.2100	1628.4926	1651.3336
April	1667.0305	1631.2043	1656.2402
May	1659.2584	1603.9888	1637.4252
June	1618.0427	1587.9214	1602.9464
July	1636.1800	1578.6477	1610.6111
August	1683.7036	1614.0087	1645.9989
September	1677.0220	1653.9561	1668.2338
October	1704.3602	1665.3249	1679.2143
November	1740.7614	1670.3929	1703.5283
December	1755.5702	1718.8423	1735.5170