2024 LRD to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LRD to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LRD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 71.8521. Conversely, the yearly low was recorded on August 3, dropping to 63.3397.
This high-to-low spread represents a total annual volatility of 8.5124 UZS. From a start-to-finish perspective, comparing the January average rate of 65.4176 to the December average rate of 71.2782, the exchange rate registered a net change of 8.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 71.8521 was down 3.23% compared to the 2023 peak of 74.2526, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LRD 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 65.3804, compared to 66.8877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5073 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 5.2056 UZS (High: 71.8471 / Low: 66.6415). On the other end, January was the most stable month, with a tight range of 0.6396 UZS (High: 65.7331 / Low: 65.0936).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4950 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 71.2782) against the same month in 2023 (average: 65.6322), the exchange rate shifted by +5.6460 (+8.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 65.7331 | 65.0936 | 65.4176 |
| February | 65.7619 | 64.7951 | 65.2806 |
| March | 65.6720 | 64.7307 | 65.2419 |
| April | 67.4335 | 65.0114 | 65.7299 |
| May | 65.8269 | 65.1674 | 65.5537 |
| June | 65.4617 | 64.5378 | 65.0588 |
| July | 64.9900 | 64.3350 | 64.6662 |
| August | 65.0322 | 63.3397 | 64.5678 |
| September | 65.7606 | 63.6271 | 65.0178 |
| October | 66.7507 | 65.7260 | 66.4305 |
| November | 71.8471 | 66.6415 | 69.3659 |
| December | 71.8521 | 70.1390 | 71.2782 |