YEARLY HIGH
93.9355 UZS
YEARLY LOW
73.1429 UZS
YEARLY AVERAGE
83.2666 UZS

2023 HTG to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 93.9355. Conversely, the yearly low was recorded on April 6, dropping to 73.1429.

This high-to-low spread represents a total annual volatility of 20.7926 UZS. From a start-to-finish perspective, comparing the January average rate of 76.1497 to the December average rate of 93.4292, the exchange rate registered a net change of 22.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 93.9355 was down 14.59% compared to the 2022 peak of 109.9831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 469,678 UZS
2022 Average 475,469 UZS
Yearly Trough Low 365,714 UZS
Transaction Impact: A difference of 103,963.25 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

95.4157
71.5771
JanuMarcMayJulySeptNove

HTG 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 76.7359, compared to 89.7973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0614 points.

H1 Avg (Jan–Jun) 76.7359
H2 Avg (Jul–Dec) 89.7973

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 7.7468 UZS (High: 81.5137 / Low: 73.7669). On the other end, November was the most stable month, with a tight range of 0.9639 UZS (High: 93.0862 / Low: 92.1223).

May Spread (Volatile) ±7.7468
November Spread (Stable) ±0.9639

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.3781 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -1.3781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 93.4292) against the same month in 2022 (average: 77.7516), the exchange rate shifted by +15.6776 (+20.16%).

2023 Avg (December) 93.4292
2022 Avg (December) 77.7516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 76.6356 75.3833 76.1497
February 76.1149 74.8381 75.4944
March 75.3438 73.4114 74.1163
April 74.1927 73.1429 73.5636
May 81.5137 73.7669 78.7514
June 83.2788 81.0798 82.3399
July 85.0704 82.8682 84.0566
August 89.2758 84.7599 87.5591
September 90.7568 89.0776 89.9348
October 92.1519 90.0006 91.1834
November 93.0862 92.1223 92.6208
December 93.9355 92.8623 93.4292