2023 MVR to UZS Historical Review

YEARLY HIGH

808.2342 UZS

YEARLY LOW

728.2957 UZS

YEARLY AVERAGE

763.5533 UZS

2023 MVR to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 808.2342. Conversely, the yearly low was recorded on March 18, dropping to 728.2957.

This high-to-low spread represents a total annual volatility of 79.9385 UZS. From a start-to-finish perspective, comparing the January average rate of 734.7592 to the December average rate of 803.6172, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 808.2342 was up 7.93% compared to the 2022 peak of 748.8824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,041,171 UZS

2022 Average 3,582,823 UZS

Yearly Trough Low 3,641,479 UZS

Transaction Impact: A difference of 399,692.33 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

810.5030

727.8734

JanuMarcMayJulySeptNove

MVR 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 741.5466, compared to 785.5600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.0134 points.

H1 Avg (Jan–Jun) 741.5466

H2 Avg (Jul–Dec) 785.5600

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 34.8558 UZS (High: 788.7924 / Low: 753.9366). On the other end, October was the most stable month, with a tight range of 6.6319 UZS (High: 796.2014 / Low: 789.5695).

August Spread (Volatile) ±34.8558

October Spread (Stable) ±6.6319

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: 803.6172) against the same month in 2022 (average: 732.0561), the exchange rate shifted by +71.5611 (+9.78%).

2023 Avg (December) 803.6172

2022 Avg (December) 732.0561

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	738.3159	730.1798	734.7592
February	742.5261	734.2422	738.4555
March	744.3352	728.2957	740.3046
April	746.2541	734.0526	742.6907
May	748.8599	742.0364	745.6557
June	753.4291	743.9525	747.4140
July	757.9805	746.0006	752.7763
August	788.7924	753.9366	775.2259
September	793.8872	784.9208	789.1370
October	796.2014	789.5695	793.8199
November	805.9454	788.5987	798.7838
December	808.2342	800.0636	803.6172