YEARLY HIGH
5647.6937 UZS
YEARLY LOW
5064.6160 UZS
YEARLY AVERAGE
5263.3858 UZS

2023 FJD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 5647.6937. Conversely, the yearly low was recorded on January 1, dropping to 5064.6160.

This high-to-low spread represents a total annual volatility of 583.0777 UZS. From a start-to-finish perspective, comparing the January average rate of 5190.1639 to the December average rate of 5576.8527, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5647.6937 was up 1.90% compared to the 2022 peak of 5542.4933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,238,468 UZS
2022 Average 25,263,606 UZS
Yearly Trough Low 25,323,080 UZS
Transaction Impact: A difference of 2,915,388.32 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5621.3740
5087.1190
JanuMarcMayJulySeptNove

FJD 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 5156.5450, compared to 5370.2267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 213.6818 points.

H1 Avg (Jan–Jun) 5156.5450
H2 Avg (Jul–Dec) 5370.2267

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 249.4806 UZS (High: 5398.4973 / Low: 5149.0167). On the other end, September was the most stable month, with a tight range of 83.0328 UZS (High: 5391.2112 / Low: 5308.1784).

August Spread (Volatile) ±249.4806
September Spread (Stable) ±83.0328

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 36.3365 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -36.3365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 5576.8527) against the same month in 2022 (average: 5096.1838), the exchange rate shifted by +480.6689 (+9.43%).

2023 Avg (December) 5576.8527
2022 Avg (December) 5096.1838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5268.6626 5064.6160 5190.1639
February 5242.7672 5091.8598 5167.9768
March 5183.7810 5066.2174 5131.6403
April 5200.4931 5070.6275 5153.7828
May 5222.8707 5065.8351 5143.1277
June 5221.4945 5065.7814 5152.5783
July 5310.2659 5114.0088 5218.9270
August 5398.4973 5149.0167 5282.0465
September 5391.2112 5308.1784 5357.1914
October 5410.6088 5316.7606 5354.2988
November 5533.6695 5329.0555 5432.0441
December 5647.6937 5487.8048 5576.8527