YEARLY HIGH
0.8055 UZS
YEARLY LOW
0.7213 UZS
YEARLY AVERAGE
0.7700 UZS

2023 IDR to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.8055. Conversely, the yearly low was recorded on January 4, dropping to 0.7213.

This high-to-low spread represents a total annual volatility of 0.0841 UZS. From a start-to-finish perspective, comparing the January average rate of 0.7418 to the December average rate of 0.7979, the exchange rate registered a net change of 7.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8055 was up 0.16% compared to the 2022 peak of 0.8042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 8,054,688 UZS
2022 Average 7,448,168 UZS
Yearly Trough Low 7,213,300 UZS
Transaction Impact: A difference of 841,388.03 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8035
0.7362
JanuMarcMayJulySeptNove

IDR 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 0.7564, compared to 0.7836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 0.7564
H2 Avg (Jul–Dec) 0.7836

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0366 UZS (High: 0.7580 / Low: 0.7213). On the other end, June was the most stable month, with a tight range of 0.0101 UZS (High: 0.7714 / Low: 0.7613).

January Spread (Volatile) ±0.0366
June Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0162 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7979) against the same month in 2022 (average: 0.7228), the exchange rate shifted by +0.0752 (+10.40%).

2023 Avg (December) 0.7979
2022 Avg (December) 0.7228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7580 0.7213 0.7418
February 0.7586 0.7431 0.7476
March 0.7626 0.7295 0.7441
April 0.7779 0.7599 0.7670
May 0.7801 0.7609 0.7707
June 0.7714 0.7613 0.7672
July 0.7770 0.7572 0.7686
August 0.7948 0.7637 0.7806
September 0.7960 0.7835 0.7913
October 0.7908 0.7665 0.7751
November 0.8022 0.7699 0.7879
December 0.8055 0.7878 0.7979