YEARLY HIGH
17522.2932 UZS
YEARLY LOW
15799.0618 UZS
YEARLY AVERAGE
16548.5120 UZS

2023 JOD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 17522.2932. Conversely, the yearly low was recorded on March 18, dropping to 15799.0618.

This high-to-low spread represents a total annual volatility of 1723.2313 UZS. From a start-to-finish perspective, comparing the January average rate of 15933.5951 to the December average rate of 17413.8131, the exchange rate registered a net change of 9.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17522.2932 was up 7.61% compared to the 2022 peak of 16283.1262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87,611,466 UZS
2022 Average 77,928,852 UZS
Yearly Trough Low 78,995,309 UZS
Transaction Impact: A difference of 8,616,156.71 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17561.8349
15785.5733
JanuMarcMayJulySeptNove

JOD 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 16054.7387, compared to 17042.2854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 987.5467 points.

H1 Avg (Jan–Jun) 16054.7387
H2 Avg (Jul–Dec) 17042.2854

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 780.8463 UZS (High: 17124.4789 / Low: 16343.6326). On the other end, October was the most stable month, with a tight range of 119.8203 UZS (High: 17255.3471 / Low: 17135.5267).

August Spread (Volatile) ±780.8463
October Spread (Stable) ±119.8203

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 17413.8131) against the same month in 2022 (average: 15864.5050), the exchange rate shifted by +1549.3081 (+9.77%).

2023 Avg (December) 17413.8131
2022 Avg (December) 15864.5050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15991.1377 15844.0227 15933.5951
February 16066.7832 15884.4510 15980.9267
March 16148.4172 15799.0618 16042.1938
April 16149.7251 15893.7796 16078.8086
May 16201.5504 16056.1860 16127.8405
June 16257.9281 16079.2220 16165.0674
July 16410.4372 16136.4720 16320.3904
August 17124.4789 16343.6326 16832.0099
September 17229.2325 17091.2754 17167.9622
October 17255.3471 17135.5267 17218.1298
November 17373.8370 17166.1703 17301.4069
December 17522.2932 17323.0571 17413.8131