2024 ETB to UZS Historical Review

YEARLY HIGH

223.6949 UZS

YEARLY LOW

100.8923 UZS

YEARLY AVERAGE

173.9679 UZS

2024 ETB to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 223.6949. Conversely, the yearly low was recorded on December 31, dropping to 100.8923.

This high-to-low spread represents a total annual volatility of 122.8027 UZS. From a start-to-finish perspective, comparing the January average rate of 219.2823 to the December average rate of 101.6379, the exchange rate registered a net change of -53.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 223.6949 was up 0.99% compared to the 2023 peak of 221.4963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ETB based on timing:

Yearly Peak High 1,118,475 UZS

2023 Average 1,071,860 UZS

Yearly Trough Low 504,461 UZS

Transaction Impact: A difference of 614,013.26 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

234.7320

89.5384

JanuMarcMayJulySeptNove

ETB to UZS 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 220.6189, compared to 127.3170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 93.3019 points.

H1 Avg (Jan–Jun) 220.6189

H2 Avg (Jul–Dec) 127.3170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 53.1351 UZS (High: 219.9366 / Low: 166.8015). On the other end, January was the most stable month, with a tight range of 2.4020 UZS (High: 220.5674 / Low: 218.1654).

July Spread (Volatile) ±53.1351

January Spread (Stable) ±2.4020

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 92.6349 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -92.6349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 222.6325) against the same month in 2023 (average: 210.5441), the exchange rate shifted by +12.0884 (+5.74%).

2024 Avg (April) 222.6325

2023 Avg (April) 210.5441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	220.5674	218.1654	219.2823
February	221.1589	217.8016	219.5906
March	222.4184	219.5948	221.3069
April	223.6949	219.6510	222.6325
May	222.7782	220.1726	221.3256
June	221.5270	217.4731	219.5755
July	219.9366	166.8015	216.8700
August	159.3611	112.3621	124.2350
September	114.5058	106.2737	110.1796
October	108.2700	104.8309	106.3529
November	106.5419	101.6492	104.6264
December	103.4682	100.8923	101.6379