YEARLY HIGH
92.8007 UZS
YEARLY LOW
78.0210 UZS
YEARLY AVERAGE
85.1841 UZS

2023 ISK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 92.8007. Conversely, the yearly low was recorded on January 5, dropping to 78.0210.

This high-to-low spread represents a total annual volatility of 14.7796 UZS. From a start-to-finish perspective, comparing the January average rate of 79.1056 to the December average rate of 89.6292, the exchange rate registered a net change of 13.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 92.8007 was up 2.98% compared to the 2022 peak of 90.1137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 464,003 UZS
2022 Average 409,301 UZS
Yearly Trough Low 390,105 UZS
Transaction Impact: A difference of 73,898.24 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

91.5258
77.9765
JanuMarcMayJulySeptNove

ISK 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 81.5227, compared to 88.8455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3227 points.

H1 Avg (Jan–Jun) 81.5227
H2 Avg (Jul–Dec) 88.8455

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 5.0728 UZS (High: 89.0577 / Low: 83.9849). On the other end, October was the most stable month, with a tight range of 1.9723 UZS (High: 89.1580 / Low: 87.1857).

July Spread (Volatile) ±5.0728
October Spread (Stable) ±1.9723

Growth Streaks & Declines

Trends

Between January and April, 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 1.7756 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 90.3967) against the same month in 2022 (average: 78.8470), the exchange rate shifted by +11.5497 (+14.65%).

2023 Avg (August) 90.3967
2022 Avg (August) 78.8470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 80.4070 78.0210 79.1056
February 80.9193 78.1785 79.2535
March 84.1992 79.7616 81.3613
April 84.6429 82.6246 83.5658
May 84.4382 81.1786 82.6480
June 85.4948 81.1310 83.2022
July 89.0577 83.9849 87.2482
August 92.8007 87.8201 90.3967
September 91.7426 88.4825 89.9123
October 89.1580 87.1857 88.1367
November 89.9146 85.4646 87.7497
December 91.1599 88.1045 89.6292