2024 BGN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BGN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BGN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 7293.9246. Conversely, the yearly low was recorded on February 5, dropping to 6787.1275.
This high-to-low spread represents a total annual volatility of 506.7971 UZS. From a start-to-finish perspective, comparing the January average rate of 6900.9780 to the December average rate of 6892.4902, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 7293.9246 was up 3.90% compared to the 2023 peak of 7020.2231, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BGN 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 6941.7233, compared to 7054.3166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 112.5933 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 322.0222 UZS (High: 7250.7170 / Low: 6928.6948). On the other end, March was the most stable month, with a tight range of 124.3234 UZS (High: 7033.7975 / Low: 6909.4741).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 162.3759 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 7222.0335) against the same month in 2023 (average: 6641.1956), the exchange rate shifted by +580.8379 (+8.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6984.1477 | 6844.7951 | 6900.9780 |
| February | 6937.4893 | 6787.1275 | 6861.9073 |
| March | 7033.7975 | 6909.4741 | 6978.1310 |
| April | 7036.8425 | 6882.5374 | 6946.3930 |
| May | 7081.0309 | 6878.7133 | 7014.5659 |
| June | 7058.2009 | 6872.5513 | 6948.3647 |
| July | 7055.2145 | 6894.0744 | 6993.7910 |
| August | 7250.7170 | 6928.6948 | 7116.6586 |
| September | 7293.9246 | 7137.8775 | 7222.0335 |
| October | 7208.0974 | 7064.2409 | 7131.6512 |
| November | 7141.7426 | 6832.6818 | 6969.2752 |
| December | 6950.4509 | 6825.1141 | 6892.4902 |