YEARLY HIGH
1320.1084 UZS
YEARLY LOW
1224.2325 UZS
YEARLY AVERAGE
1272.9825 UZS

2024 MAD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1320.1084. Conversely, the yearly low was recorded on February 19, dropping to 1224.2325.

This high-to-low spread represents a total annual volatility of 95.8758 UZS. From a start-to-finish perspective, comparing the January average rate of 1243.3120 to the December average rate of 1285.0101, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1320.1084 was up 5.08% compared to the 2023 peak of 1256.2722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,600,542 UZS
2023 Average 5,800,453 UZS
Yearly Trough Low 6,121,163 UZS
Transaction Impact: A difference of 479,379.19 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1314.3612
1229.1884
JanuMarcMayJulySeptNove

MAD 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 1253.6921, compared to 1292.2729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.5808 points.

H1 Avg (Jan–Jun) 1253.6921
H2 Avg (Jul–Dec) 1292.2729

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 53.0019 UZS (High: 1316.8377 / Low: 1263.8358). On the other end, March was the most stable month, with a tight range of 12.7815 UZS (High: 1255.1451 / Low: 1242.3636).

August Spread (Volatile) ±53.0019
March Spread (Stable) ±12.7815

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 11.2702 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.2702

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1307.2634) against the same month in 2023 (average: 1189.0528), the exchange rate shifted by +118.2106 (+9.94%).

2024 Avg (September) 1307.2634
2023 Avg (September) 1189.0528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1259.1942 1235.4345 1243.3120
February 1246.7061 1224.2325 1236.2862
March 1255.1451 1242.3636 1248.7495
April 1265.6523 1245.6787 1255.0743
May 1286.0493 1246.9025 1270.1893
June 1282.3977 1255.2212 1268.5416
July 1289.6457 1261.0580 1278.4608
August 1316.8377 1263.8358 1294.6665
September 1320.1084 1289.5095 1307.2634
October 1306.7552 1291.3941 1299.7534
November 1304.7800 1273.5123 1288.4832
December 1291.0934 1277.5167 1285.0101