2023 SDG to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SDG to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SDG to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 22.4942. Conversely, the yearly low was recorded on April 30, dropping to 18.8074.
This high-to-low spread represents a total annual volatility of 3.6867 UZS. From a start-to-finish perspective, comparing the January average rate of 19.5963 to the December average rate of 20.5556, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 22.4942 was down 12.91% compared to the 2022 peak of 25.8272, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SDG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SDG 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 19.2474, compared to 20.1165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8691 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 2.1840 UZS (High: 22.4942 / Low: 20.3102). On the other end, October was the most stable month, with a tight range of 0.1599 UZS (High: 20.3750 / Low: 20.2151).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 0.2345 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 20.5079) against the same month in 2022 (average: 19.6470), the exchange rate shifted by +0.8609 (+4.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.8793 | 19.3469 | 19.5963 |
| February | 19.5057 | 19.2257 | 19.3619 |
| March | 20.0734 | 18.8976 | 19.3058 |
| April | 19.9590 | 18.8074 | 19.0791 |
| May | 19.1479 | 18.9729 | 19.0671 |
| June | 19.1771 | 18.9767 | 19.0741 |
| July | 19.3495 | 19.0338 | 19.2564 |
| August | 20.1508 | 19.2401 | 19.8178 |
| September | 20.3256 | 20.1203 | 20.2340 |
| October | 20.3750 | 20.2151 | 20.3275 |
| November | 22.4942 | 20.3102 | 20.5079 |
| December | 20.6827 | 20.4475 | 20.5556 |