2023 SVC to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SVC to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SVC to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1416.2943. Conversely, the yearly low was recorded on January 2, dropping to 1285.3252.
This high-to-low spread represents a total annual volatility of 130.9690 UZS. From a start-to-finish perspective, comparing the January average rate of 1291.8110 to the December average rate of 1410.4114, the exchange rate registered a net change of 9.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1416.2943 was up 7.34% compared to the 2022 peak of 1319.4032, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SVC 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 1302.3686, compared to 1381.4697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 79.1012 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 60.9926 UZS (High: 1383.2865 / Low: 1322.2939). On the other end, April was the most stable month, with a tight range of 10.0777 UZS (High: 1309.0425 / Low: 1298.9648).
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: 1410.4114) against the same month in 2022 (average: 1285.7020), the exchange rate shifted by +124.7094 (+9.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1296.1881 | 1285.3252 | 1291.8110 |
| February | 1300.0494 | 1289.1533 | 1295.6328 |
| March | 1308.7073 | 1298.3934 | 1302.7541 |
| April | 1309.0425 | 1298.9648 | 1304.9276 |
| May | 1313.6187 | 1303.4996 | 1308.2714 |
| June | 1318.1504 | 1303.9728 | 1310.8145 |
| July | 1338.8949 | 1311.9493 | 1324.3750 |
| August | 1383.2865 | 1322.2939 | 1362.0043 |
| September | 1396.7873 | 1382.9952 | 1390.7223 |
| October | 1402.7994 | 1391.9584 | 1397.0430 |
| November | 1408.9506 | 1398.8134 | 1404.2625 |
| December | 1416.2943 | 1403.6887 | 1410.4114 |