2023 KZT to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KZT to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KZT to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 52.9298. Conversely, the yearly low was recorded on September 27, dropping to 46.4245.
This high-to-low spread represents a total annual volatility of 6.5053 STD. From a start-to-finish perspective, comparing the January average rate of 49.3428 to the December average rate of 48.5275, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 52.9298 was down 4.30% compared to the 2022 peak of 55.3097, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KZT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
KZT to STD 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 50.5159, compared to 48.5454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9705 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 3.8297 STD (High: 52.9298 / Low: 49.1001). On the other end, January was the most stable month, with a tight range of 0.6484 STD (High: 49.6511 / Low: 49.0027).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.9401 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 50.6053) against the same month in 2022 (average: 42.5083), the exchange rate shifted by +8.0970 (+19.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.6511 | 49.0027 | 49.3428 |
| February | 51.3304 | 49.3697 | 50.5589 |
| March | 52.9298 | 49.1001 | 50.6053 |
| April | 51.5320 | 49.8600 | 50.5459 |
| May | 51.6263 | 50.6129 | 51.1641 |
| June | 51.3980 | 50.2287 | 50.8787 |
| July | 51.6056 | 50.0640 | 51.1222 |
| August | 50.3455 | 47.8928 | 49.1820 |
| September | 48.6924 | 46.4245 | 47.5598 |
| October | 47.5180 | 46.4381 | 46.7707 |
| November | 48.7212 | 47.4241 | 48.1104 |
| December | 48.8495 | 48.1909 | 48.5275 |