2023 XCD to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XCD to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XCD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 4599.4763. Conversely, the yearly low was recorded on March 18, dropping to 4150.0635.
This high-to-low spread represents a total annual volatility of 449.4129 UZS. From a start-to-finish perspective, comparing the January average rate of 4182.5857 to the December average rate of 4571.2086, the exchange rate registered a net change of 9.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4599.4763 was up 7.67% compared to the 2022 peak of 4271.7938, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XCD to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4214.4958, compared to 4471.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 256.5359 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 202.6900 UZS (High: 4484.9147 / Low: 4282.2247). On the other end, October was the most stable month, with a tight range of 29.5454 UZS (High: 4528.7664 / Low: 4499.2210).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 4571.2086) against the same month in 2022 (average: 4163.8455), the exchange rate shifted by +407.3632 (+9.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4196.9673 | 4161.8737 | 4182.5857 |
| February | 4217.4154 | 4173.0811 | 4195.3004 |
| March | 4240.0388 | 4150.0635 | 4211.5523 |
| April | 4238.5895 | 4172.0032 | 4220.4528 |
| May | 4253.3903 | 4214.6337 | 4233.8084 |
| June | 4268.1912 | 4220.0855 | 4243.2748 |
| July | 4305.1932 | 4236.3053 | 4282.7937 |
| August | 4484.9147 | 4282.2247 | 4409.5917 |
| September | 4523.8251 | 4478.1159 | 4501.6868 |
| October | 4528.7664 | 4499.2210 | 4519.8617 |
| November | 4560.5077 | 4505.3615 | 4541.0475 |
| December | 4599.4763 | 4547.1783 | 4571.2086 |