2024 GMD to UZS Historical Review

YEARLY HIGH

189.8263 UZS

YEARLY LOW

177.1125 UZS

YEARLY AVERAGE

183.8742 UZS

2024 GMD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 189.8263. Conversely, the yearly low was recorded on August 4, dropping to 177.1125.

This high-to-low spread represents a total annual volatility of 12.7138 UZS. From a start-to-finish perspective, comparing the January average rate of 183.8697 to the December average rate of 179.2355, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 189.8263 was down 5.79% compared to the 2023 peak of 201.4864, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 949,131 UZS

2023 Average 942,860 UZS

Yearly Trough Low 885,562 UZS

Transaction Impact: A difference of 63,568.91 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

188.0219

178.4367

JanuMarcMayJulySeptNove

GMD 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 185.4613, compared to 182.2871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1742 points.

H1 Avg (Jan–Jun) 185.4613

H2 Avg (Jul–Dec) 182.2871

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 8.2480 UZS (High: 186.2827 / Low: 178.0347). On the other end, April was the most stable month, with a tight range of 1.4156 UZS (High: 187.2378 / Low: 185.8222).

September Spread (Volatile) ±8.2480

April Spread (Stable) ±1.4156

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 5.0218 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 184.7817) against the same month in 2023 (average: 186.1695), the exchange rate shifted by -1.3878 (-0.75%).

2024 Avg (October) 184.7817

2023 Avg (October) 186.1695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	184.9814	183.1400	183.8697
February	186.3619	182.1893	183.9350
March	186.3770	183.4275	184.8223
April	187.2378	185.8222	186.5881
May	187.8687	186.1006	187.2232
June	187.8247	185.1045	186.3298
July	186.7638	181.0216	185.8270
August	183.2656	177.1125	180.8052
September	186.2827	178.0347	182.8052
October	189.8263	181.5853	184.7817
November	182.1816	178.8083	180.2681
December	180.8924	178.3027	179.2355