2023 LRD to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LRD to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LRD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 74.2526. Conversely, the yearly low was recorded on August 6, dropping to 62.0514.
This high-to-low spread represents a total annual volatility of 12.2012 UZS. From a start-to-finish perspective, comparing the January average rate of 72.7530 to the December average rate of 65.6322, the exchange rate registered a net change of -9.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 74.2526 was down 1.56% compared to the 2022 peak of 75.4311, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LRD to UZS 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 70.1259, compared to 64.7665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3594 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 4.6112 UZS (High: 74.2526 / Low: 69.6414). On the other end, October was the most stable month, with a tight range of 0.3840 UZS (High: 65.5052 / Low: 65.1212).
Growth Streaks & Declines
TrendsBetween July and October, 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 May and June, when the average rate fell by 2.8317 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 71.3876) against the same month in 2022 (average: 72.7820), the exchange rate shifted by -1.3944 (-1.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.5344 | 71.8953 | 72.7530 |
| February | 74.1194 | 71.2803 | 72.4720 |
| March | 74.2526 | 69.6414 | 71.3876 |
| April | 70.3852 | 68.2302 | 69.9262 |
| May | 69.2447 | 67.4486 | 68.5241 |
| June | 67.6313 | 64.0161 | 65.6924 |
| July | 64.0477 | 62.1951 | 63.0056 |
| August | 65.0738 | 62.0514 | 63.9656 |
| September | 65.5366 | 65.0674 | 65.2869 |
| October | 65.5052 | 65.1212 | 65.3626 |
| November | 65.6057 | 64.9212 | 65.3460 |
| December | 66.2773 | 65.3148 | 65.6322 |