2023 TRY to UZS Historical Review

YEARLY HIGH

605.1892 UZS

YEARLY LOW

417.6649 UZS

YEARLY AVERAGE

506.4917 UZS

2023 TRY to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 605.1892. Conversely, the yearly low was recorded on December 28, dropping to 417.6649.

This high-to-low spread represents a total annual volatility of 187.5243 UZS. From a start-to-finish perspective, comparing the January average rate of 601.8681 to the December average rate of 424.5431, the exchange rate registered a net change of -29.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 605.1892 was down 27.06% compared to the 2022 peak of 829.6968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 30,259,459 UZS

2022 Average 33,805,643 UZS

Yearly Trough Low 20,883,244 UZS

Transaction Impact: A difference of 9,376,214.71 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

619.6007

406.8106

JanuMarcMayJulySeptNove

TRY 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 576.1045, compared to 436.8789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 139.2256 points.

H1 Avg (Jan–Jun) 576.1045

H2 Avg (Jul–Dec) 436.8789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 105.1429 UZS (High: 545.6724 / Low: 440.5295). On the other end, January was the most stable month, with a tight range of 4.9073 UZS (High: 603.9420 / Low: 599.0348).

June Spread (Volatile) ±105.1429

January Spread (Stable) ±4.9073

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 93.1217 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -93.1217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 601.5094) against the same month in 2022 (average: 795.1437), the exchange rate shifted by -193.6343 (-24.35%).

2023 Avg (February) 601.5094

2022 Avg (February) 795.1437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	603.9420	599.0348	601.8681
February	605.1892	597.9057	601.5094
March	604.2721	589.6542	599.0362
April	595.2071	579.5996	589.6740
May	587.9245	549.5271	578.8305
June	545.6724	440.5295	485.7088
July	445.8601	429.2340	437.2872
August	466.0102	428.9915	442.8143
September	453.6613	443.9851	450.4299
October	444.6078	431.3614	438.0252
November	432.3263	424.6149	428.1740
December	429.6492	417.6649	424.5431