2023 HUF to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HUF to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HUF to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 35.9282. Conversely, the yearly low was recorded on January 3, dropping to 29.6475.
This high-to-low spread represents a total annual volatility of 6.2807 UZS. From a start-to-finish perspective, comparing the January average rate of 30.8894 to the December average rate of 35.3442, the exchange rate registered a net change of 14.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 35.9282 was up 2.34% compared to the 2022 peak of 35.1056, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 HUF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HUF to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 32.3894, compared to 34.1597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7704 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 2.7295 UZS (High: 32.8018 / Low: 30.0723). On the other end, June was the most stable month, with a tight range of 1.1168 UZS (High: 34.1914 / Low: 33.0746).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1664 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 35.3442) against the same month in 2022 (average: 29.2843), the exchange rate shifted by +6.0598 (+20.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.8633 | 29.6475 | 30.8894 |
| February | 32.2918 | 30.8323 | 31.5513 |
| March | 32.8018 | 30.0723 | 31.6577 |
| April | 33.8426 | 32.3284 | 33.3010 |
| May | 34.0267 | 32.8016 | 33.3870 |
| June | 34.1914 | 33.0746 | 33.5497 |
| July | 34.9141 | 32.6026 | 33.7499 |
| August | 34.8350 | 32.4944 | 33.7651 |
| September | 34.2242 | 32.6548 | 33.5987 |
| October | 34.1619 | 32.8316 | 33.4724 |
| November | 35.9053 | 33.8066 | 35.0281 |
| December | 35.9282 | 34.6466 | 35.3442 |