YEARLY HIGH
3613.8378 UZS
YEARLY LOW
3251.7016 UZS
YEARLY AVERAGE
3418.4602 UZS

2024 ILS to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 3613.8378. Conversely, the yearly low was recorded on January 17, dropping to 3251.7016.

This high-to-low spread represents a total annual volatility of 362.1362 UZS. From a start-to-finish perspective, comparing the January average rate of 3336.7995 to the December average rate of 3552.4804, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3613.8378 was up 5.08% compared to the 2023 peak of 3439.1542, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,069,189 UZS
2023 Average 15,932,517 UZS
Yearly Trough Low 16,258,508 UZS
Transaction Impact: A difference of 1,810,680.83 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3574.0485
3315.2314
JanuMarcMayJulySeptNove

ILS 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 3397.7536, compared to 3439.1667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.4130 points.

H1 Avg (Jan–Jun) 3397.7536
H2 Avg (Jul–Dec) 3439.1667

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 199.0817 UZS (High: 3485.0069 / Low: 3285.9251). On the other end, March was the most stable month, with a tight range of 97.3680 UZS (High: 3512.2403 / Low: 3414.8723).

August Spread (Volatile) ±199.0817
March Spread (Stable) ±97.3680

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 85.7270 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -85.7270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3552.4804) against the same month in 2023 (average: 3372.1475), the exchange rate shifted by +180.3329 (+5.35%).

2024 Avg (December) 3552.4804
2023 Avg (December) 3372.1475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3434.5505 3251.7016 3336.7995
February 3502.8261 3355.1627 3412.4415
March 3512.2403 3414.8723 3456.3618
April 3435.8194 3312.3468 3370.6347
May 3473.1363 3356.9854 3427.8176
June 3437.9976 3332.3515 3382.4667
July 3502.4005 3336.7590 3432.3998
August 3485.0069 3285.9251 3393.5931
September 3483.3610 3361.2234 3408.7043
October 3456.3758 3352.5915 3399.7155
November 3543.0322 3405.5901 3448.1070
December 3613.8378 3508.9696 3552.4804