2023 QAR to UZS Historical Review

YEARLY HIGH

3409.1860 UZS

YEARLY LOW

3072.9948 UZS

YEARLY AVERAGE

3221.4098 UZS

2023 QAR to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 3409.1860. Conversely, the yearly low was recorded on February 4, dropping to 3072.9948.

This high-to-low spread represents a total annual volatility of 336.1912 UZS. From a start-to-finish perspective, comparing the January average rate of 3102.0137 to the December average rate of 3389.6216, the exchange rate registered a net change of 9.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3409.1860 was up 7.52% compared to the 2022 peak of 3170.7598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,045,930 UZS

2022 Average 15,165,034 UZS

Yearly Trough Low 15,364,974 UZS

Transaction Impact: A difference of 1,680,955.84 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3418.3823

3073.2529

JanuMarcMayJulySeptNove

QAR 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 3125.3039, compared to 3317.5157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 192.2119 points.

H1 Avg (Jan–Jun) 3125.3039

H2 Avg (Jul–Dec) 3317.5157

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 148.6741 UZS (High: 3323.6115 / Low: 3174.9374). On the other end, October was the most stable month, with a tight range of 23.1452 UZS (High: 3360.3406 / Low: 3337.1953).

August Spread (Volatile) ±148.6741

October Spread (Stable) ±23.1452

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3389.6216) against the same month in 2022 (average: 3086.5490), the exchange rate shifted by +303.0725 (+9.82%).

2023 Avg (December) 3389.6216

2022 Avg (December) 3086.5490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3114.5290	3073.8044	3102.0137
February	3133.6495	3072.9948	3108.8998
March	3146.7573	3080.4414	3121.0804
April	3171.6879	3092.1274	3128.9213
May	3157.2140	3129.4274	3142.4465
June	3168.0857	3123.9977	3148.4617
July	3195.5507	3144.4183	3179.4395
August	3323.6115	3174.9374	3270.2578
September	3357.8312	3319.2586	3340.5755
October	3360.3406	3337.1953	3353.0321
November	3387.8281	3347.6323	3372.1681
December	3409.1860	3373.9969	3389.6216