YEARLY HIGH
3467.0391 UZS
YEARLY LOW
3191.7716 UZS
YEARLY AVERAGE
3370.8059 UZS

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.

Transfer Payout Power Comparison

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

Yearly Peak High 17,335,195 UZS
2023 Average 15,700,629 UZS
Yearly Trough Low 15,958,858 UZS
Transaction Impact: A difference of 1,376,337.37 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3469.2816
3227.7239
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 3348.6981
H2 Avg (Jul–Dec) 3392.9136

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±118.3382
August Spread (Stable) ±34.0740

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -68.3719

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 3449.1518
2023 Avg (December) 3306.7803

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