2024 NPR to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NPR to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NPR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 95.6606. Conversely, the yearly low was recorded on January 2, dropping to 91.9174.
This high-to-low spread represents a total annual volatility of 3.7431 UZS. From a start-to-finish perspective, comparing the January average rate of 93.0588 to the December average rate of 94.7187, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 95.6606 was up 2.62% compared to the 2023 peak of 93.2198, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NPR 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 94.3219, compared to 94.6914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3695 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 1.8029 UZS (High: 93.7204 / Low: 91.9174). On the other end, October was the most stable month, with a tight range of 0.5834 UZS (High: 95.4138 / Low: 94.8305).
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 0.5839 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 95.1353) against the same month in 2023 (average: 86.9124), the exchange rate shifted by +8.2229 (+9.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.7204 | 91.9174 | 93.0588 |
| February | 94.3939 | 92.8977 | 93.6223 |
| March | 94.9419 | 93.7866 | 94.5647 |
| April | 95.4036 | 94.2791 | 94.9990 |
| May | 95.6606 | 93.9056 | 95.1353 |
| June | 94.9884 | 94.1270 | 94.5514 |
| July | 94.8293 | 93.8608 | 94.2665 |
| August | 94.6558 | 93.6056 | 94.1477 |
| September | 95.3482 | 93.9756 | 94.8127 |
| October | 95.4138 | 94.8305 | 95.1573 |
| November | 95.4261 | 94.4998 | 95.0455 |
| December | 95.0321 | 94.2159 | 94.7187 |