2023 NAD to UZS Historical Review

YEARLY HIGH

679.9953 UZS

YEARLY LOW

578.3465 UZS

YEARLY AVERAGE

634.8621 UZS

2023 NAD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 679.9953. Conversely, the yearly low was recorded on June 1, dropping to 578.3465.

This high-to-low spread represents a total annual volatility of 101.6489 UZS. From a start-to-finish perspective, comparing the January average rate of 661.8718 to the December average rate of 661.3113, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 679.9953 was down 14.30% compared to the 2022 peak of 793.4527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,399,977 UZS

2022 Average 3,402,559 UZS

Yearly Trough Low 2,891,732 UZS

Transaction Impact: A difference of 508,244.41 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

668.0713

593.6765

JanuMarcMayJulySeptNove

NAD 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 626.5177, compared to 643.2065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.6888 points.

H1 Avg (Jan–Jun) 626.5177

H2 Avg (Jul–Dec) 643.2065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 61.5920 UZS (High: 675.5114 / Low: 613.9194). On the other end, September was the most stable month, with a tight range of 19.4206 UZS (High: 651.5746 / Low: 632.1540).

November Spread (Volatile) ±61.5920

September Spread (Stable) ±19.4206

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 27.6995 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -27.6995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 661.3113) against the same month in 2022 (average: 652.6770), the exchange rate shifted by +8.6343 (+1.32%).

2023 Avg (December) 661.3113

2022 Avg (December) 652.6770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	674.3468	653.0620	661.8718
February	665.1732	615.2865	634.4695
March	638.4228	608.8900	622.7715
April	642.6541	616.0871	627.5756
May	626.9147	578.4608	599.8761
June	631.3106	578.3465	612.5417
July	659.2068	609.0690	634.7383
August	653.7918	609.1406	632.4381
September	651.5746	632.1540	641.2370
October	650.6610	603.9588	634.6377
November	675.5114	613.9194	654.8762
December	679.9953	646.3766	661.3113