2024 IQD to UZS Historical Review

YEARLY HIGH

9.8634 UZS

YEARLY LOW

9.4209 UZS

YEARLY AVERAGE

9.6577 UZS

2024 IQD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 9.8634. Conversely, the yearly low was recorded on January 7, dropping to 9.4209.

This high-to-low spread represents a total annual volatility of 0.4425 UZS. From a start-to-finish perspective, comparing the January average rate of 9.4469 to the December average rate of 9.8286, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9.8634 was up 4.22% compared to the 2023 peak of 9.4641, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,317 UZS

2023 Average 43,360 UZS

Yearly Trough Low 47,105 UZS

Transaction Impact: A difference of 2,212.50 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.8667

9.4087

JanuMarcMayJulySeptNove

IQD 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 9.5881, compared to 9.7273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1392 points.

H1 Avg (Jan–Jun) 9.5881

H2 Avg (Jul–Dec) 9.7273

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1497 UZS (High: 9.7747 / Low: 9.6250). On the other end, October was the most stable month, with a tight range of 0.0678 UZS (High: 9.7939 / Low: 9.7261).

May Spread (Volatile) ±0.1497

October Spread (Stable) ±0.0678

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 0.0522 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 9.8286) against the same month in 2023 (average: 9.4256), the exchange rate shifted by +0.4029 (+4.27%).

2024 Avg (December) 9.8286

2023 Avg (December) 9.4256

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4900	9.4209	9.4469
February	9.5706	9.4233	9.4901
March	9.6603	9.5353	9.5899
April	9.7099	9.6113	9.6738
May	9.7747	9.6250	9.6902
June	9.6761	9.5843	9.6379
July	9.6624	9.5901	9.6250
August	9.6944	9.5970	9.6541
September	9.7385	9.6432	9.7040
October	9.7939	9.7261	9.7662
November	9.8282	9.7397	9.7861
December	9.8634	9.7935	9.8286