2023 MXN to UZS Historical Review

YEARLY HIGH

730.6927 UZS

YEARLY LOW

577.0264 UZS

YEARLY AVERAGE

663.0871 UZS

2023 MXN to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 730.6927. Conversely, the yearly low was recorded on January 1, dropping to 577.0264.

This high-to-low spread represents a total annual volatility of 153.6663 UZS. From a start-to-finish perspective, comparing the January average rate of 596.1398 to the December average rate of 719.7294, the exchange rate registered a net change of 20.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 730.6927 was up 24.62% compared to the 2022 peak of 586.3400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 36,534,633 UZS

2022 Average 27,496,953 UZS

Yearly Trough Low 28,851,319 UZS

Transaction Impact: A difference of 7,683,314.43 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

732.0883

583.7808

JanuMarcMayJulySeptNove

MXN 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 627.7149, compared to 698.4592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 70.7443 points.

H1 Avg (Jan–Jun) 627.7149

H2 Avg (Jul–Dec) 698.4592

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 48.8294 UZS (High: 721.9702 / Low: 673.1408). On the other end, April was the most stable month, with a tight range of 14.8705 UZS (High: 636.0073 / Low: 621.1368).

August Spread (Volatile) ±48.8294

April Spread (Stable) ±14.8705

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 28.0123 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -28.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 719.7294) against the same month in 2022 (average: 574.4881), the exchange rate shifted by +145.2413 (+25.28%).

2023 Avg (December) 719.7294

2022 Avg (December) 574.4881

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	607.0244	577.0264	596.1398
February	619.1703	591.5781	609.7743
March	633.5683	592.9869	618.5638
April	636.0073	621.1368	631.3045
May	655.0787	634.8967	645.4711
June	674.1430	649.7423	665.0360
July	696.2420	668.6166	684.1370
August	721.9702	673.1408	701.6597
September	714.3150	689.8921	703.4249
October	701.9689	665.0679	675.4125
November	718.7320	689.3926	706.3918
December	730.6927	703.4814	719.7294