2023 PGK to UZS Historical Review

YEARLY HIGH

3430.3977 UZS

YEARLY LOW

3169.4452 UZS

YEARLY AVERAGE

3258.1702 UZS

2023 PGK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 3430.3977. Conversely, the yearly low was recorded on June 3, dropping to 3169.4452.

This high-to-low spread represents a total annual volatility of 260.9526 UZS. From a start-to-finish perspective, comparing the January average rate of 3208.5798 to the December average rate of 3302.5430, the exchange rate registered a net change of 2.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3430.3977 was up 4.71% compared to the 2022 peak of 3276.1251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,151,989 UZS

2022 Average 15,666,833 UZS

Yearly Trough Low 15,847,226 UZS

Transaction Impact: A difference of 1,304,762.82 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3351.2313

3195.6115

JanuMarcMayJulySeptNove

PGK 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 3225.7784, compared to 3290.5621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 64.7836 points.

H1 Avg (Jan–Jun) 3225.7784

H2 Avg (Jul–Dec) 3290.5621

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 222.4329 UZS (High: 3430.3977 / Low: 3207.9648). On the other end, January was the most stable month, with a tight range of 29.8457 UZS (High: 3221.5909 / Low: 3191.7452).

August Spread (Volatile) ±222.4329

January Spread (Stable) ±29.8457

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 42.5915 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -42.5915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 3294.4680) against the same month in 2022 (average: 3101.4673), the exchange rate shifted by +193.0007 (+6.22%).

2023 Avg (August) 3294.4680

2022 Avg (August) 3101.4673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3221.5909	3191.7452	3208.5798
February	3228.1763	3170.9878	3212.8351
March	3250.4458	3187.3984	3231.7650
April	3254.2614	3198.1889	3234.6712
May	3260.9929	3172.3854	3239.3360
June	3276.9886	3169.4452	3227.4833
July	3301.1364	3195.5411	3241.2427
August	3430.3977	3207.9648	3294.4680
September	3400.7700	3306.2994	3338.2630
October	3342.4442	3244.0633	3295.6715
November	3314.7138	3247.1132	3271.1841
December	3329.2978	3267.1553	3302.5430