2023 FKP to UZS Historical Review

YEARLY HIGH

15828.9397 UZS

YEARLY LOW

13450.3981 UZS

YEARLY AVERAGE

14598.3127 UZS

2023 FKP to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 15828.9397. Conversely, the yearly low was recorded on January 5, dropping to 13450.3981.

This high-to-low spread represents a total annual volatility of 2378.5417 UZS. From a start-to-finish perspective, comparing the January average rate of 13840.5902 to the December average rate of 15647.8152, the exchange rate registered a net change of 13.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15828.9397 was up 3.62% compared to the 2022 peak of 15275.6516, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,144,699 UZS

2022 Average 68,336,709 UZS

Yearly Trough Low 67,251,990 UZS

Transaction Impact: A difference of 11,892,708.28 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15844.7533

13481.4962

JanuMarcMayJulySeptNove

FKP 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 14050.1406, compared to 15146.4848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1096.3442 points.

H1 Avg (Jan–Jun) 14050.1406

H2 Avg (Jul–Dec) 15146.4848

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 760.2983 UZS (High: 15654.5992 / Low: 14894.3009). On the other end, October was the most stable month, with a tight range of 300.8497 UZS (High: 15055.5114 / Low: 14754.6617).

November Spread (Volatile) ±760.2983

October Spread (Stable) ±300.8497

Growth Streaks & Declines

Trends

Between February and August, 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 September and October, when the average rate fell by 203.7542 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -203.7542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 15647.8152) against the same month in 2022 (average: 13698.5716), the exchange rate shifted by +1949.2435 (+14.23%).

2023 Avg (December) 15647.8152

2022 Avg (December) 13698.5716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14065.4263	13450.3981	13840.5902
February	13972.4593	13551.6426	13678.4343
March	14165.0658	13451.4690	13816.7188
April	14353.7962	13999.2516	14195.7793
May	14468.4922	14076.9468	14276.4741
June	14715.5381	14208.8422	14492.8469
July	15202.0661	14534.2802	14907.0211
August	15429.3363	14753.1621	15135.5543
September	15306.1415	14809.2667	15070.1747
October	15055.5114	14754.6617	14866.4204
November	15654.5992	14894.3009	15251.9231
December	15828.9397	15462.7516	15647.8152