2023 NPR to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NPR to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NPR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 93.2198. Conversely, the yearly low was recorded on January 3, dropping to 84.7995.
This high-to-low spread represents a total annual volatility of 8.4203 UZS. From a start-to-finish perspective, comparing the January average rate of 86.3458 to the December average rate of 92.6685, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 93.2198 was down 1.61% compared to the 2022 peak of 94.7419, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NPR 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 86.6405, compared to 91.0567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4161 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 3.4702 UZS (High: 91.4834 / Low: 88.0132). On the other end, November was the most stable month, with a tight range of 0.6312 UZS (High: 92.5280 / Low: 91.8968).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5483 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 92.6685) against the same month in 2022 (average: 85.2988), the exchange rate shifted by +7.3697 (+8.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 87.0950 | 84.7995 | 86.3458 |
| February | 86.4349 | 85.4328 | 85.7975 |
| March | 87.1632 | 85.9491 | 86.5323 |
| April | 87.4739 | 86.5294 | 87.0480 |
| May | 87.5809 | 86.1985 | 86.9124 |
| June | 87.8981 | 86.2513 | 87.2072 |
| July | 88.7062 | 87.3779 | 88.1134 |
| August | 91.4834 | 88.0132 | 89.9434 |
| September | 92.1052 | 91.2273 | 91.6033 |
| October | 92.1779 | 91.4126 | 91.8158 |
| November | 92.5280 | 91.8968 | 92.1958 |
| December | 93.2198 | 92.0682 | 92.6685 |