2024 NOK to UZS Historical Review

YEARLY HIGH

1227.2726 UZS

YEARLY LOW

1125.5467 UZS

YEARLY AVERAGE

1176.6682 UZS

2024 NOK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1227.2726. Conversely, the yearly low was recorded on December 19, dropping to 1125.5467.

This high-to-low spread represents a total annual volatility of 101.7259 UZS. From a start-to-finish perspective, comparing the January average rate of 1189.8046 to the December average rate of 1146.1143, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1227.2726 was up 0.25% compared to the 2023 peak of 1224.2650, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,136,363 UZS

2023 Average 5,560,410 UZS

Yearly Trough Low 5,627,733 UZS

Transaction Impact: A difference of 508,629.71 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1203.8908

1140.8619

JanuMarcMayJulySeptNove

NOK 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 1180.6062, compared to 1172.7302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.8760 points.

H1 Avg (Jan–Jun) 1180.6062

H2 Avg (Jul–Dec) 1172.7302

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 72.8740 UZS (High: 1211.9430 / Low: 1139.0690). On the other end, June was the most stable month, with a tight range of 30.3022 UZS (High: 1206.7557 / Low: 1176.4535).

August Spread (Volatile) ±72.8740

June Spread (Stable) ±30.3022

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 21.7931 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -21.7931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1198.6384) against the same month in 2023 (average: 1133.9716), the exchange rate shifted by +64.6668 (+5.70%).

2024 Avg (September) 1198.6384

2023 Avg (September) 1133.9716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1214.8468	1172.7033	1189.8046
February	1196.8334	1155.6661	1178.5902
March	1199.5905	1163.0316	1182.7481
April	1187.6906	1135.8268	1161.5117
May	1211.8879	1142.6109	1181.5184
June	1206.7557	1176.4535	1189.4642
July	1192.6579	1141.5138	1167.6711
August	1211.9430	1139.0690	1180.4871
September	1227.2726	1168.8122	1198.6384
October	1204.6631	1162.7252	1182.6188
November	1178.1892	1147.6031	1160.8514
December	1163.5020	1125.5467	1146.1143