YEARLY HIGH
1666.5678 UZS
YEARLY LOW
1575.4653 UZS
YEARLY AVERAGE
1621.1111 UZS

2024 HKD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1666.5678. Conversely, the yearly low was recorded on January 7, dropping to 1575.4653.

This high-to-low spread represents a total annual volatility of 91.1026 UZS. From a start-to-finish perspective, comparing the January average rate of 1582.9050 to the December average rate of 1655.7262, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1666.5678 was up 4.62% compared to the 2023 peak of 1593.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 41,664,195 UZS
2023 Average 37,486,333 UZS
Yearly Trough Low 39,386,632 UZS
Transaction Impact: A difference of 2,277,563.78 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1663.0083
1575.6229
JanuMarcMayJulySeptNove

HKD 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 1606.0322, compared to 1636.1900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.1578 points.

H1 Avg (Jan–Jun) 1606.0322
H2 Avg (Jul–Dec) 1636.1900

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 27.8570 UZS (High: 1627.6066 / Low: 1599.7497). On the other end, November was the most stable month, with a tight range of 11.6101 UZS (High: 1654.5547 / Low: 1642.9446).

August Spread (Volatile) ±27.8570
November Spread (Stable) ±11.6101

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 7.7697 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.7697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1655.7262) against the same month in 2023 (average: 1581.9045), the exchange rate shifted by +73.8216 (+4.67%).

2024 Avg (December) 1655.7262
2023 Avg (December) 1581.9045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1591.4950 1575.4653 1582.9050
February 1602.9022 1577.2355 1589.7125
March 1616.8701 1593.2177 1604.7983
April 1624.3655 1608.7831 1617.7421
May 1632.4582 1611.6675 1624.4025
June 1629.6358 1606.3195 1616.6328
July 1620.5177 1606.2931 1613.9248
August 1627.6066 1599.7497 1619.3969
September 1640.1165 1620.7634 1631.9892
October 1652.8033 1638.7001 1647.5530
November 1654.5547 1642.9446 1648.5498
December 1666.5678 1649.0564 1655.7262