2024 MDL to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 738.1606. Conversely, the yearly low was recorded on February 17, dropping to 690.2649.
This high-to-low spread represents a total annual volatility of 47.8957 UZS. From a start-to-finish perspective, comparing the January average rate of 702.1748 to the December average rate of 702.6687, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 738.1606 was up 3.41% compared to the 2023 peak of 713.8535, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MDL 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 709.6525, compared to 717.2129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5604 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 27.3791 UZS (High: 735.6229 / Low: 708.2437). On the other end, December was the most stable month, with a tight range of 6.2011 UZS (High: 705.8063 / Low: 699.6052).
Growth Streaks & Declines
TrendsBetween 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 13.1548 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 731.6697) against the same month in 2023 (average: 676.8709), the exchange rate shifted by +54.7988 (+8.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 714.3214 | 695.2916 | 702.1748 |
| February | 704.1048 | 690.2649 | 698.5156 |
| March | 717.4758 | 704.2835 | 711.2413 |
| April | 720.9947 | 707.3992 | 714.7453 |
| May | 724.0786 | 714.7288 | 718.6160 |
| June | 722.5057 | 701.2897 | 712.6223 |
| July | 717.7863 | 704.7025 | 711.9464 |
| August | 735.6229 | 708.2437 | 722.1784 |
| September | 738.1606 | 724.9578 | 731.6697 |
| October | 733.2112 | 713.9520 | 723.9846 |
| November | 720.0561 | 701.2162 | 710.8299 |
| December | 705.8063 | 699.6052 | 702.6687 |