YEARLY HIGH
0.0099 RSD
YEARLY LOW
0.0085 RSD
YEARLY AVERAGE
0.0092 RSD

2023 UZS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UZS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0099. Conversely, the yearly low was recorded on December 27, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0014 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0087, the exchange rate registered a net change of -9.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0099 was down 10.70% compared to the 2022 peak of 0.0111, 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 49 RSD
2022 Average 51 RSD
Yearly Trough Low 43 RSD
Transaction Impact: A difference of 6.79 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0098
0.0086
JanuMarcMayJulySeptNove

UZS to RSD 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 0.0095, compared to 0.0090 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) 0.0095
H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0004 RSD (High: 0.0094 / Low: 0.0090). On the other end, October was the most stable month, with a tight range of 0.0002 RSD (High: 0.0092 / Low: 0.0090).

July Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, 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 (January 2023: 0.0096) against the same month in 2022 (average: 0.0096), the exchange rate shifted by +0.0000 (+0.36%).

2023 Avg (January) 0.0096
2022 Avg (January) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0099 0.0095 0.0096
February 0.0098 0.0095 0.0097
March 0.0098 0.0094 0.0096
April 0.0095 0.0093 0.0094
May 0.0096 0.0092 0.0094
June 0.0096 0.0093 0.0094
July 0.0094 0.0090 0.0092
August 0.0092 0.0088 0.0090
September 0.0091 0.0090 0.0090
October 0.0092 0.0090 0.0091
November 0.0090 0.0087 0.0088
December 0.0088 0.0085 0.0087