2024 JMD to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JMD to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JMD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 83.0096. Conversely, the yearly low was recorded on February 19, dropping to 78.7943.
This high-to-low spread represents a total annual volatility of 4.2153 UZS. From a start-to-finish perspective, comparing the January average rate of 79.7902 to the December average rate of 82.2872, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 83.0096 was up 3.87% compared to the 2023 peak of 79.9174, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JMD to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 80.7543, compared to 81.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2767 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 2.2279 UZS (High: 82.2236 / Low: 79.9957). On the other end, July was the most stable month, with a tight range of 0.4746 UZS (High: 80.8321 / Low: 80.3576).
Growth Streaks & Declines
TrendsBetween February and April, 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 June and July, when the average rate fell by 0.5029 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 82.2872) against the same month in 2023 (average: 79.5402), the exchange rate shifted by +2.7470 (+3.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 80.3450 | 79.2586 | 79.7902 |
| February | 80.1970 | 78.7943 | 79.5118 |
| March | 82.2236 | 79.9957 | 81.2291 |
| April | 82.5675 | 80.5647 | 81.6922 |
| May | 81.6288 | 80.7033 | 81.1913 |
| June | 81.5625 | 80.3937 | 81.1113 |
| July | 80.8321 | 80.3576 | 80.6084 |
| August | 81.1255 | 80.2347 | 80.5852 |
| September | 81.3581 | 80.4544 | 80.9559 |
| October | 81.1202 | 80.6373 | 80.8242 |
| November | 81.6629 | 80.4504 | 80.9254 |
| December | 83.0096 | 81.5769 | 82.2872 |