YEARLY HIGH
0.0024 TRY
YEARLY LOW
0.0017 TRY
YEARLY AVERAGE
0.0020 TRY

2023 UZS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UZS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0024. Conversely, the yearly low was recorded on February 5, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0007 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0024, the exchange rate registered a net change of 41.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0024 was up 41.59% compared to the 2022 peak of 0.0017, 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 12 TRY
2022 Average 7 TRY
Yearly Trough Low 8 TRY
Transaction Impact: A difference of 3.71 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0024
0.0016
JanuMarcMayJulySeptNove

UZS to TRY 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 0.0017, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0017
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0004 TRY (High: 0.0023 / Low: 0.0018). On the other end, January was the most stable month, with a tight range of 0.0000 TRY (High: 0.0017 / Low: 0.0017).

June Spread (Volatile) ±0.0004
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0024) against the same month in 2022 (average: 0.0017), the exchange rate shifted by +0.0007 (+42.11%).

2023 Avg (December) 0.0024
2022 Avg (December) 0.0017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0017 0.0017 0.0017
February 0.0017 0.0017 0.0017
March 0.0017 0.0017 0.0017
April 0.0017 0.0017 0.0017
May 0.0018 0.0017 0.0017
June 0.0023 0.0018 0.0021
July 0.0023 0.0022 0.0023
August 0.0023 0.0021 0.0023
September 0.0023 0.0022 0.0022
October 0.0023 0.0022 0.0023
November 0.0024 0.0023 0.0023
December 0.0024 0.0023 0.0024