2024 GHS to UZS Historical Review

YEARLY HIGH

1039.8021 UZS

YEARLY LOW

779.4578 UZS

YEARLY AVERAGE

881.4675 UZS

2024 GHS to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1039.8021. Conversely, the yearly low was recorded on November 5, dropping to 779.4578.

This high-to-low spread represents a total annual volatility of 260.3443 UZS. From a start-to-finish perspective, comparing the January average rate of 1027.2935 to the December average rate of 870.7799, the exchange rate registered a net change of -15.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1039.8021 was down 22.85% compared to the 2023 peak of 1347.8001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,199,010 UZS

2023 Average 5,033,010 UZS

Yearly Trough Low 3,897,289 UZS

Transaction Impact: A difference of 1,301,721.45 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1050.0821

776.6191

JanuMarcMayJulySeptNove

GHS 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 945.2196, compared to 817.7154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 127.5041 points.

H1 Avg (Jan–Jun) 945.2196

H2 Avg (Jul–Dec) 817.7154

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 69.0969 UZS (High: 923.4888 / Low: 854.3919). On the other end, September was the most stable month, with a tight range of 7.4714 UZS (High: 813.7468 / Low: 806.2755).

May Spread (Volatile) ±69.0969

September Spread (Stable) ±7.4714

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 54.1559 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -54.1559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1027.2935) against the same month in 2023 (average: 996.7716), the exchange rate shifted by +30.5219 (+3.06%).

2024 Avg (January) 1027.2935

2023 Avg (January) 996.7716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1039.8021	1002.4463	1027.2935
February	1013.1313	988.4123	997.8772
March	988.1657	953.0543	970.6548
April	953.8630	924.4352	942.5317
May	923.4888	854.3919	893.5580
June	855.5822	823.2820	839.4021
July	821.8156	809.2203	817.0042
August	812.0356	803.5939	809.3012
September	813.7468	806.2755	809.7635
October	805.9209	784.5020	799.4077
November	837.2197	779.4578	800.0361
December	878.9980	835.8925	870.7799