2024 PEN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PEN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PEN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 3467.0391. Conversely, the yearly low was recorded on February 12, dropping to 3191.7716.
This high-to-low spread represents a total annual volatility of 275.2675 UZS. From a start-to-finish perspective, comparing the January average rate of 3316.2256 to the December average rate of 3449.1518, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 3467.0391 was up 3.39% compared to the 2023 peak of 3353.5214, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PEN 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 3348.6981, compared to 3392.9136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.2155 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 118.3382 UZS (High: 3393.4116 / Low: 3275.0734). On the other end, August was the most stable month, with a tight range of 34.0740 UZS (High: 3394.2914 / Low: 3360.2174).
Growth Streaks & Declines
TrendsBetween February and April, 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 January and February, when the average rate fell by 68.3719 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 3449.1518) against the same month in 2023 (average: 3306.7803), the exchange rate shifted by +142.3715 (+4.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3357.1182 | 3246.9513 | 3316.2256 |
| February | 3295.3058 | 3191.7716 | 3247.8537 |
| March | 3423.3082 | 3309.2898 | 3379.9229 |
| April | 3446.2699 | 3364.4266 | 3409.6756 |
| May | 3439.6157 | 3349.7745 | 3400.6447 |
| June | 3393.4116 | 3275.0734 | 3337.8662 |
| July | 3390.4804 | 3273.4787 | 3349.1156 |
| August | 3394.2914 | 3360.2174 | 3380.5936 |
| September | 3423.6209 | 3325.0159 | 3373.3949 |
| October | 3436.2475 | 3390.2632 | 3412.8392 |
| November | 3431.2420 | 3364.4369 | 3392.3868 |
| December | 3467.0391 | 3420.0408 | 3449.1518 |