This article examines the tradition of creating historical and literary works within the historiographical school of the Khiva. It analyzes the formation, development, and distinctive features of Khorezm historiography from the seventeenth to the nineteenth centuries, focusing on the continuity between historical narration and literary expression. Special attention is paid to the works of Abulgazi Bahadir Khan, Shermuhammad Munis, and Muhammad Rizo Ogahiy, who played a decisive role in shaping this tradition. Through a comparative analysis of Munis’s Firdavs ul-Ikbal and Agahi’s Riyaz ud-Davla, the study reveals the evolution of historical prose from an epic-chronicle style to a more artistic, memoir-based narrative form. The article highlights differences in prose style, the degree of authorial presence, and the functional role of poetry in historical texts. It demonstrates that while Munis established a solemn and chronicle-oriented historiographical model, Agahi expanded its aesthetic and philosophical dimensions by integrating lyrical elements, subjective reflection, and poetic imagery. The findings show that the Khiva historiographical school represents a unique phenomenon in Uzbek classical literature, where historical writing transcends mere documentation and becomes a form of artistic and ideological expression.