2023 ILS to UZS Historical Review

YEARLY HIGH

3439.1542 UZS

YEARLY LOW

2993.7931 UZS

YEARLY AVERAGE

3186.5076 UZS

2023 ILS to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 3439.1542. Conversely, the yearly low was recorded on October 26, dropping to 2993.7931.

This high-to-low spread represents a total annual volatility of 445.3611 UZS. From a start-to-finish perspective, comparing the January average rate of 3282.8315 to the December average rate of 3372.1475, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3439.1542 was down 4.60% compared to the 2022 peak of 3605.0975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,195,771 UZS

2022 Average 16,473,705 UZS

Yearly Trough Low 14,968,965 UZS

Transaction Impact: A difference of 2,226,805.46 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3402.2250

3041.2952

JanuMarcMayJulySeptNove

ILS 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 3173.0054, compared to 3200.0097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.0043 points.

H1 Avg (Jan–Jun) 3173.0054

H2 Avg (Jul–Dec) 3200.0097

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 294.7769 UZS (High: 3345.7300 / Low: 3050.9530). On the other end, September was the most stable month, with a tight range of 56.1977 UZS (High: 3211.8132 / Low: 3155.6155).

November Spread (Volatile) ±294.7769

September Spread (Stable) ±56.1977

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 116.3987 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -116.3987

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3372.1475) against the same month in 2022 (average: 3256.2934), the exchange rate shifted by +115.8541 (+3.56%).

2023 Avg (December) 3372.1475

2022 Avg (December) 3256.2934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3355.8542	3179.9775	3282.8315
February	3332.7926	3092.7800	3200.6913
March	3210.4684	3068.6111	3148.4413
April	3187.8462	3100.3316	3138.0783
May	3155.5700	3054.2228	3117.6693
June	3227.1418	3045.3511	3150.3209
July	3237.0179	3086.0927	3157.6884
August	3249.5888	3132.0762	3182.2509
September	3211.8132	3155.6155	3187.7714
October	3207.8829	2993.7931	3071.3727
November	3345.7300	3050.9530	3228.8272
December	3439.1542	3299.9400	3372.1475