2023 SAR to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 3311.0852. Conversely, the yearly low was recorded on March 19, dropping to 2985.7280.
This high-to-low spread represents a total annual volatility of 325.3572 UZS. From a start-to-finish perspective, comparing the January average rate of 3009.3065 to the December average rate of 3293.4921, the exchange rate registered a net change of 9.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 3311.0852 was up 7.59% compared to the 2022 peak of 3077.5435, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SAR 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 3035.3549, compared to 3221.5584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 186.2035 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 145.2345 UZS (High: 3230.4654 / Low: 3085.2309). On the other end, October was the most stable month, with a tight range of 16.1629 UZS (High: 3262.5568 / Low: 3246.3940).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 3293.4921) against the same month in 2022 (average: 2992.7799), the exchange rate shifted by +300.7122 (+10.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3022.3359 | 2991.4214 | 3009.3065 |
| February | 3037.2201 | 3005.4524 | 3022.2371 |
| March | 3051.6748 | 2985.7280 | 3031.2919 |
| April | 3053.9166 | 3005.9578 | 3040.6949 |
| May | 3065.1705 | 3035.5930 | 3050.9229 |
| June | 3075.3382 | 3041.1390 | 3057.6762 |
| July | 3101.9875 | 3052.0439 | 3085.8756 |
| August | 3230.4654 | 3085.2309 | 3176.9686 |
| September | 3259.7721 | 3226.4755 | 3243.7685 |
| October | 3262.5568 | 3246.3940 | 3256.6609 |
| November | 3285.4690 | 3256.9396 | 3272.5848 |
| December | 3311.0852 | 3275.9877 | 3293.4921 |