2024 MXN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MXN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MXN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 774.8285. Conversely, the yearly low was recorded on December 31, dropping to 618.4550.
This high-to-low spread represents a total annual volatility of 156.3735 UZS. From a start-to-finish perspective, comparing the January average rate of 725.4071 to the December average rate of 635.5400, the exchange rate registered a net change of -12.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 774.8285 was up 6.04% compared to the 2023 peak of 730.6927, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MXN 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 734.2575, compared to 653.6977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 80.5598 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 70.9970 UZS (High: 743.2901 / Low: 672.2931). On the other end, February was the most stable month, with a tight range of 12.9020 UZS (High: 733.8278 / Low: 720.9259).
Growth Streaks & Declines
TrendsBetween January and May, 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 60.7927 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 753.7750) against the same month in 2023 (average: 631.3045), the exchange rate shifted by +122.4704 (+19.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 736.6018 | 716.5260 | 725.4071 |
| February | 733.8278 | 720.9259 | 727.5596 |
| March | 764.1401 | 733.0193 | 748.8024 |
| April | 774.8285 | 736.2689 | 753.7750 |
| May | 767.5940 | 742.4155 | 755.3969 |
| June | 743.2901 | 672.2931 | 694.6042 |
| July | 718.0857 | 670.0460 | 696.4144 |
| August | 679.1282 | 639.3814 | 659.4383 |
| September | 666.7762 | 631.6983 | 648.9498 |
| October | 663.5397 | 634.4208 | 650.6843 |
| November | 646.7430 | 619.2405 | 631.1595 |
| December | 641.9667 | 618.4550 | 635.5400 |