YEARLY HIGH
0.0137 JMD
YEARLY LOW
0.0125 JMD
YEARLY AVERAGE
0.0131 JMD

2023 UZS to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UZS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0137. Conversely, the yearly low was recorded on December 20, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0012 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0135 to the December average rate of 0.0126, the exchange rate registered a net change of -7.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0137 was down 5.64% compared to the 2022 peak of 0.0145, 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 68 JMD
2022 Average 69 JMD
Yearly Trough Low 63 JMD
Transaction Impact: A difference of 5.84 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0137
0.0125
JanuMarcMayJulySeptNove

UZS to JMD 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 0.0135, compared to 0.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0135
H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0006 JMD (High: 0.0133 / Low: 0.0128). On the other end, September was the most stable month, with a tight range of 0.0001 JMD (High: 0.0127 / Low: 0.0126).

August Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0136) against the same month in 2022 (average: 0.0144), the exchange rate shifted by -0.0008 (-5.61%).

2023 Avg (February) 0.0136
2022 Avg (February) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0137 0.0134 0.0135
February 0.0137 0.0136 0.0136
March 0.0135 0.0132 0.0133
April 0.0135 0.0132 0.0133
May 0.0136 0.0134 0.0135
June 0.0136 0.0134 0.0135
July 0.0134 0.0132 0.0133
August 0.0133 0.0128 0.0130
September 0.0127 0.0126 0.0127
October 0.0128 0.0126 0.0127
November 0.0127 0.0126 0.0127
December 0.0126 0.0125 0.0126