2023 SCR to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SCR to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SCR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 958.0664. Conversely, the yearly low was recorded on January 23, dropping to 799.9908.
This high-to-low spread represents a total annual volatility of 158.0756 UZS. From a start-to-finish perspective, comparing the January average rate of 835.0819 to the December average rate of 919.8201, the exchange rate registered a net change of 10.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 958.0664 was up 9.83% compared to the 2022 peak of 872.3355, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SCR 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 841.3326, compared to 906.5294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.1968 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 74.8452 UZS (High: 886.4835 / Low: 811.6383). On the other end, November was the most stable month, with a tight range of 47.2214 UZS (High: 944.3404 / Low: 897.1190).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 10.7311 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 916.9138) against the same month in 2022 (average: 832.3212), the exchange rate shifted by +84.5925 (+10.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 871.1254 | 799.9908 | 835.0819 |
| February | 871.9128 | 800.5005 | 837.1348 |
| March | 879.0960 | 809.6864 | 846.0964 |
| April | 886.4835 | 811.6383 | 844.6005 |
| May | 872.2387 | 812.3361 | 847.9066 |
| June | 878.1637 | 811.4711 | 837.1755 |
| July | 891.8040 | 819.7053 | 866.3454 |
| August | 916.1670 | 860.7507 | 891.1717 |
| September | 958.0205 | 893.1754 | 926.0689 |
| October | 958.0664 | 884.3631 | 916.9138 |
| November | 944.3404 | 897.1190 | 918.8568 |
| December | 954.9684 | 884.5358 | 919.8201 |