YEARLY HIGH
17128.2009 UZS
YEARLY LOW
15490.2350 UZS
YEARLY AVERAGE
16166.8323 UZS

2024 FKP to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 17128.2009. Conversely, the yearly low was recorded on February 5, dropping to 15490.2350.

This high-to-low spread represents a total annual volatility of 1637.9658 UZS. From a start-to-finish perspective, comparing the January average rate of 15723.6648 to the December average rate of 16261.6872, the exchange rate registered a net change of 3.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17128.2009 was up 8.21% compared to the 2023 peak of 15828.9397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,641,004 UZS
2023 Average 73,020,908 UZS
Yearly Trough Low 77,451,175 UZS
Transaction Impact: A difference of 8,189,829.19 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16920.6963
15595.6583
JanuMarcMayJulySeptNove

FKP 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 15885.0255, compared to 16448.6391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 563.6135 points.

H1 Avg (Jan–Jun) 15885.0255
H2 Avg (Jul–Dec) 16448.6391

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 824.7053 UZS (High: 16792.0276 / Low: 15967.3223). On the other end, January was the most stable month, with a tight range of 272.7735 UZS (High: 15871.8368 / Low: 15599.0634).

August Spread (Volatile) ±824.7053
January Spread (Stable) ±272.7735

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 347.6307 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -347.6307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 16810.2764) against the same month in 2023 (average: 15070.1747), the exchange rate shifted by +1740.1017 (+11.55%).

2024 Avg (September) 16810.2764
2023 Avg (September) 15070.1747

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15871.8368 15599.0634 15723.6648
February 15897.5406 15490.2350 15706.0781
March 16084.7030 15774.4515 15954.5993
April 16069.2947 15670.9282 15848.0518
May 16226.3998 15804.9660 16033.8061
June 16212.7307 15865.8262 16043.9531
July 16422.6549 15879.9706 16221.7424
August 16792.0276 15967.3223 16347.4670
September 17128.2009 16547.9930 16810.2764
October 16905.9669 16491.9260 16699.1461
November 16675.0017 16071.8074 16351.5153
December 16462.7350 16093.5160 16261.6872