YEARLY HIGH
23.7730 UZS
YEARLY LOW
19.0077 UZS
YEARLY AVERAGE
21.6957 UZS

2023 CRC to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 23.7730. Conversely, the yearly low was recorded on January 2, dropping to 19.0077.

This high-to-low spread represents a total annual volatility of 4.7652 UZS. From a start-to-finish perspective, comparing the January average rate of 19.6775 to the December average rate of 23.5245, the exchange rate registered a net change of 19.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 23.7730 was up 22.91% compared to the 2022 peak of 19.3419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 118,865 UZS
2022 Average 85,825 UZS
Yearly Trough Low 95,039 UZS
Transaction Impact: A difference of 23,826.21 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23.9092
19.2928
JanuMarcMayJulySeptNove

CRC 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 20.7388, compared to 22.6527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9139 points.

H1 Avg (Jan–Jun) 20.7388
H2 Avg (Jul–Dec) 22.6527

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.4372 UZS (High: 20.4450 / Low: 19.0077). On the other end, June was the most stable month, with a tight range of 0.2024 UZS (High: 21.3430 / Low: 21.1406).

January Spread (Volatile) ±1.4372
June Spread (Stable) ±0.2024

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 0.0521 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 23.5245) against the same month in 2022 (average: 19.0863), the exchange rate shifted by +4.4381 (+23.25%).

2023 Avg (December) 23.5245
2022 Avg (December) 19.0863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.4450 19.0077 19.6775
February 20.4523 19.5083 20.0666
March 21.1615 20.3410 20.8642
April 21.4747 20.9978 21.2965
May 21.5119 21.0632 21.2900
June 21.3430 21.1406 21.2380
July 21.7226 21.1279 21.4286
August 22.7048 21.3541 22.1446
September 22.9837 22.4453 22.7171
October 23.0524 22.7680 22.9659
November 23.2727 22.9951 23.1354
December 23.7730 23.2091 23.5245