YEARLY HIGH
0.2477 BIF
YEARLY LOW
0.1811 BIF
YEARLY AVERAGE
0.2164 BIF

2023 UZS to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UZS to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.2477. Conversely, the yearly low was recorded on April 14, dropping to 0.1811.

This high-to-low spread represents a total annual volatility of 0.0665 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1830 to the December average rate of 0.2308, the exchange rate registered a net change of 26.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2477 was up 29.98% compared to the 2022 peak of 0.1905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,238 BIF
2022 Average 924 BIF
Yearly Trough Low 906 BIF
Transaction Impact: A difference of 332.64 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2532
0.1759
JanuMarcMayJulySeptNove

UZS to BIF 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 0.1977, compared to 0.2350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0373 points.

H1 Avg (Jan–Jun) 0.1977
H2 Avg (Jul–Dec) 0.2350

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0661 BIF (High: 0.2474 / Low: 0.1813). On the other end, March was the most stable month, with a tight range of 0.0017 BIF (High: 0.1833 / Low: 0.1816).

May Spread (Volatile) ±0.0661
March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2445) against the same month in 2022 (average: 0.1885), the exchange rate shifted by +0.0560 (+29.69%).

2023 Avg (July) 0.2445
2022 Avg (July) 0.1885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1843 0.1817 0.1830
February 0.1839 0.1817 0.1829
March 0.1833 0.1816 0.1824
April 0.1831 0.1811 0.1823
May 0.2474 0.1813 0.2091
June 0.2475 0.2456 0.2467
July 0.2477 0.2426 0.2445
August 0.2448 0.2339 0.2379
September 0.2344 0.2321 0.2331
October 0.2333 0.2311 0.2324
November 0.2323 0.2297 0.2314
December 0.2317 0.2299 0.2308