2021 GNF to UZS Historical Review

YEARLY HIGH

1.1646 UZS

YEARLY LOW

1.0168 UZS

YEARLY AVERAGE

1.0788 UZS

2021 GNF to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.1646. Conversely, the yearly low was recorded on January 9, dropping to 1.0168.

This high-to-low spread represents a total annual volatility of 0.1478 UZS. From a start-to-finish perspective, comparing the January average rate of 1.0274 to the December average rate of 1.1484, the exchange rate registered a net change of 11.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1646 was up 8.36% compared to the 2020 peak of 1.0748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,823 UZS

2020 Average 5,224 UZS

Yearly Trough Low 5,084 UZS

Transaction Impact: A difference of 739.05 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1605

1.0153

JanuMarcMayJulySeptNove

GNF 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 1.0510, compared to 1.1066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0556 points.

H1 Avg (Jan–Jun) 1.0510

H2 Avg (Jul–Dec) 1.1066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0379 UZS (High: 1.1481 / Low: 1.1102). On the other end, September was the most stable month, with a tight range of 0.0056 UZS (High: 1.0955 / Low: 1.0898).

November Spread (Volatile) ±0.0379

September Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.1484) against the same month in 2020 (average: 1.0509), the exchange rate shifted by +0.0976 (+9.28%).

2021 Avg (December) 1.1484

2020 Avg (December) 1.0509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0482	1.0168	1.0274
February	1.0467	1.0211	1.0354
March	1.0489	1.0340	1.0426
April	1.0646	1.0473	1.0536
May	1.0793	1.0600	1.0700
June	1.0818	1.0728	1.0772
July	1.0899	1.0775	1.0824
August	1.0941	1.0841	1.0889
September	1.0955	1.0898	1.0922
October	1.1098	1.0931	1.1011
November	1.1481	1.1102	1.1267
December	1.1646	1.1318	1.1484