YEARLY HIGH
1471.9550 UZS
YEARLY LOW
1352.7342 UZS
YEARLY AVERAGE
1406.0953 UZS

2023 SBD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1471.9550. Conversely, the yearly low was recorded on April 30, dropping to 1352.7342.

This high-to-low spread represents a total annual volatility of 119.2208 UZS. From a start-to-finish perspective, comparing the January average rate of 1367.7434 to the December average rate of 1460.7212, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1471.9550 was up 2.45% compared to the 2022 peak of 1436.7367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,359,775 UZS
2022 Average 6,790,718 UZS
Yearly Trough Low 6,763,671 UZS
Transaction Impact: A difference of 596,104.15 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1470.0189
1358.4456
JanuMarcMayJulySeptNove

SBD 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 1375.5463, compared to 1436.6444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.0981 points.

H1 Avg (Jan–Jun) 1375.5463
H2 Avg (Jul–Dec) 1436.6444

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 65.5491 UZS (High: 1448.4169 / Low: 1382.8678). On the other end, May was the most stable month, with a tight range of 10.9322 UZS (High: 1379.1648 / Low: 1368.2326).

August Spread (Volatile) ±65.5491
May Spread (Stable) ±10.9322

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 7.5732 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -7.5732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1460.7212) against the same month in 2022 (average: 1368.1124), the exchange rate shifted by +92.6088 (+6.77%).

2023 Avg (December) 1460.7212
2022 Avg (December) 1368.1124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1380.5514 1358.6954 1367.7434
February 1390.4353 1364.4235 1377.0572
March 1393.9617 1367.7474 1383.0718
April 1386.6182 1352.7342 1375.4985
May 1379.1648 1368.2326 1374.1667
June 1384.6266 1367.9746 1375.7400
July 1392.6340 1359.6741 1383.5977
August 1448.4169 1382.8678 1424.0135
September 1458.3149 1435.9495 1448.3876
October 1457.8172 1434.7026 1448.4709
November 1464.3884 1442.9754 1454.6752
December 1471.9550 1449.8649 1460.7212