2023 NZD to UZS Historical Review

YEARLY HIGH

7850.2481 UZS

YEARLY LOW

6870.9831 UZS

YEARLY AVERAGE

7204.7782 UZS

2023 NZD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 7850.2481. Conversely, the yearly low was recorded on May 31, dropping to 6870.9831.

This high-to-low spread represents a total annual volatility of 979.2650 UZS. From a start-to-finish perspective, comparing the January average rate of 7240.9699 to the December average rate of 7695.2448, the exchange rate registered a net change of 6.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7850.2481 was down 2.32% compared to the 2022 peak of 8036.8628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,251,240 UZS

2022 Average 35,139,698 UZS

Yearly Trough Low 34,354,916 UZS

Transaction Impact: A difference of 4,896,324.81 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7761.1307

6970.5001

JanuMarcMayJulySeptNove

NZD 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 7108.2158, compared to 7301.3406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 193.1248 points.

H1 Avg (Jan–Jun) 7108.2158

H2 Avg (Jul–Dec) 7301.3406

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 425.6843 UZS (High: 7296.6674 / Low: 6870.9831). On the other end, September was the most stable month, with a tight range of 197.0084 UZS (High: 7329.4039 / Low: 7132.3955).

May Spread (Volatile) ±425.6843

September Spread (Stable) ±197.0084

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 120.0677 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -120.0677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 7695.2448) against the same month in 2022 (average: 7150.7435), the exchange rate shifted by +544.5013 (+7.61%).

2023 Avg (December) 7695.2448

2022 Avg (December) 7150.7435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7361.9197	7028.5248	7240.9699
February	7348.9644	6978.5847	7120.9022
March	7169.2880	6944.0087	7064.9713
April	7199.6719	6957.8313	7082.9755
May	7296.6674	6870.9831	7103.0900
June	7151.5862	6916.5556	7036.3860
July	7401.1408	7019.2168	7203.4068
August	7254.2417	7007.8462	7134.9038
September	7329.4039	7132.3955	7212.3164
October	7385.3057	7066.4851	7200.9413
November	7584.7087	7197.6590	7361.2307
December	7850.2481	7538.4430	7695.2448