YEARLY HIGH
3359.4701 UZS
YEARLY LOW
3159.2660 UZS
YEARLY AVERAGE
3250.8953 UZS

2024 PGK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 3359.4701. Conversely, the yearly low was recorded on November 14, dropping to 3159.2660.

This high-to-low spread represents a total annual volatility of 200.2041 UZS. From a start-to-finish perspective, comparing the January average rate of 3314.0555 to the December average rate of 3183.7501, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3359.4701 was down 2.07% compared to the 2023 peak of 3430.3977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,797,350 UZS
2023 Average 16,292,181 UZS
Yearly Trough Low 15,796,330 UZS
Transaction Impact: A difference of 1,001,020.26 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3328.3034
3170.6089
JanuMarcMayJulySeptNove

PGK 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 3292.0633, compared to 3209.7272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 82.3361 points.

H1 Avg (Jan–Jun) 3292.0633
H2 Avg (Jul–Dec) 3209.7272

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 130.1375 UZS (High: 3322.9761 / Low: 3192.8386). On the other end, May was the most stable month, with a tight range of 41.5669 UZS (High: 3288.4535 / Low: 3246.8866).

August Spread (Volatile) ±130.1375
May Spread (Stable) ±41.5669

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 April and May, when the average rate fell by 43.3957 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -43.3957

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 3314.0555) against the same month in 2023 (average: 3208.5798), the exchange rate shifted by +105.4757 (+3.29%).

2024 Avg (January) 3314.0555
2023 Avg (January) 3208.5798

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3359.4701 3263.3570 3314.0555
February 3355.9254 3242.0388 3295.8159
March 3357.8638 3271.4558 3305.4169
April 3350.0075 3274.5739 3315.1622
May 3288.4535 3246.8866 3271.7665
June 3301.4570 3223.5502 3250.1628
July 3269.7525 3202.6194 3232.7553
August 3322.9761 3192.8386 3215.8484
September 3256.8721 3194.4661 3211.2825
October 3261.7970 3187.2627 3224.8317
November 3209.9622 3159.2660 3189.8952
December 3243.4131 3175.1425 3183.7501