2024 LKR to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LKR to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LKR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 44.3561. Conversely, the yearly low was recorded on January 1, dropping to 38.0949.
This high-to-low spread represents a total annual volatility of 6.2611 UZS. From a start-to-finish perspective, comparing the January average rate of 38.5444 to the December average rate of 44.1245, the exchange rate registered a net change of 14.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 44.3561 was up 12.60% compared to the 2023 peak of 39.3937, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LKR 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 40.9736, compared to 42.9242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9506 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 1.7299 UZS (High: 42.1212 / Low: 40.3914). On the other end, October was the most stable month, with a tight range of 0.6221 UZS (High: 43.8141 / Low: 43.1920).
Growth Streaks & Declines
TrendsBetween 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 0.8584 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 44.1245) against the same month in 2023 (average: 37.8106), the exchange rate shifted by +6.3139 (+16.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.2068 | 38.0949 | 38.5444 |
| February | 40.3787 | 39.3706 | 39.8127 |
| March | 42.1212 | 40.3914 | 41.1737 |
| April | 42.7020 | 42.0406 | 42.3720 |
| May | 42.7230 | 41.8817 | 42.3985 |
| June | 41.9672 | 41.0284 | 41.5401 |
| July | 41.8648 | 41.1309 | 41.5210 |
| August | 42.3927 | 41.4219 | 42.0904 |
| September | 42.9549 | 41.7085 | 42.2655 |
| October | 43.8141 | 43.1920 | 43.6096 |
| November | 44.2678 | 43.6166 | 43.9343 |
| December | 44.3561 | 43.5730 | 44.1245 |