2023 GMD to UZS Historical Review

YEARLY HIGH

201.4864 UZS

YEARLY LOW

180.7923 UZS

YEARLY AVERAGE

188.5569 UZS

2023 GMD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 201.4864. Conversely, the yearly low was recorded on January 23, dropping to 180.7923.

This high-to-low spread represents a total annual volatility of 20.6941 UZS. From a start-to-finish perspective, comparing the January average rate of 182.2456 to the December average rate of 183.4224, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 201.4864 was down 6.74% compared to the 2022 peak of 216.0510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,007,432 UZS

2022 Average 999,808 UZS

Yearly Trough Low 903,962 UZS

Transaction Impact: A difference of 103,470.29 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

198.4311

180.7741

JanuMarcMayJulySeptNove

GMD 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 186.9816, compared to 190.1321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1505 points.

H1 Avg (Jan–Jun) 186.9816

H2 Avg (Jul–Dec) 190.1321

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 13.8300 UZS (High: 201.4864 / Low: 187.6564). On the other end, June was the most stable month, with a tight range of 2.2475 UZS (High: 193.7028 / Low: 191.4553).

September Spread (Volatile) ±13.8300

June Spread (Stable) ±2.2475

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 10.7903 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -10.7903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 196.9597) against the same month in 2022 (average: 200.2443), the exchange rate shifted by -3.2846 (-1.64%).

2023 Avg (September) 196.9597

2022 Avg (September) 200.2443

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	184.9206	180.7923	182.2456
February	186.4375	183.1061	185.5676
March	186.7267	182.3700	185.4172
April	190.4087	182.2257	184.4413
May	192.8496	189.9960	191.4214
June	193.7028	191.4553	192.7967
July	195.2181	192.2557	194.0615
August	200.7291	191.6047	196.6966
September	201.4864	187.6564	196.9597
October	189.8515	184.9882	186.1695
November	188.5088	181.7110	183.4831
December	185.5548	182.3967	183.4224