2024 NIO to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NIO to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NIO to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 351.0730. Conversely, the yearly low was recorded on February 19, dropping to 335.3940.
This high-to-low spread represents a total annual volatility of 15.6790 UZS. From a start-to-finish perspective, comparing the January average rate of 337.5967 to the December average rate of 349.8954, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 351.0730 was up 3.73% compared to the 2023 peak of 338.4365, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NIO 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 341.5567, compared to 346.2274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6706 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 5.1698 UZS (High: 340.5638 / Low: 335.3940). On the other end, December was the most stable month, with a tight range of 2.2329 UZS (High: 351.0730 / Low: 348.8401).
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 1.8518 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 349.8954) against the same month in 2023 (average: 336.9113), the exchange rate shifted by +12.9841 (+3.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 339.4876 | 336.5103 | 337.5967 |
| February | 340.5638 | 335.3940 | 338.0904 |
| March | 343.8685 | 339.5948 | 341.3616 |
| April | 345.6989 | 341.2405 | 344.1699 |
| May | 346.5986 | 343.3170 | 344.9867 |
| June | 344.8510 | 341.0918 | 343.1350 |
| July | 344.2588 | 341.1149 | 342.5062 |
| August | 344.6206 | 341.1880 | 343.1926 |
| September | 346.9351 | 343.1864 | 345.4840 |
| October | 348.8309 | 346.2358 | 347.6832 |
| November | 349.8641 | 347.4224 | 348.6027 |
| December | 351.0730 | 348.8401 | 349.8954 |