YEARLY HIGH
3549.7580 UZS
YEARLY LOW
3381.2999 UZS
YEARLY AVERAGE
3472.3177 UZS

2024 QAR to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 3549.7580. Conversely, the yearly low was recorded on January 7, dropping to 3381.2999.

This high-to-low spread represents a total annual volatility of 168.4580 UZS. From a start-to-finish perspective, comparing the January average rate of 3396.1679 to the December average rate of 3533.2591, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3549.7580 was up 4.12% compared to the 2023 peak of 3409.1860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,748,790 UZS
2023 Average 16,110,241 UZS
Yearly Trough Low 16,906,500 UZS
Transaction Impact: A difference of 842,290.13 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3546.9682
3382.4588
JanuMarcMayJulySeptNove

QAR 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 3447.0112, compared to 3497.6242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 50.6129 points.

H1 Avg (Jan–Jun) 3447.0112
H2 Avg (Jul–Dec) 3497.6242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 61.4072 UZS (High: 3443.8951 / Low: 3382.4879). On the other end, November was the most stable month, with a tight range of 26.6495 UZS (High: 3536.6021 / Low: 3509.9527).

February Spread (Volatile) ±61.4072
November Spread (Stable) ±26.6495

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 17.7299 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -17.7299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3533.2591) against the same month in 2023 (average: 3389.6216), the exchange rate shifted by +143.6375 (+4.24%).

2024 Avg (December) 3533.2591
2023 Avg (December) 3389.6216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3412.9927 3381.2999 3396.1679
February 3443.8951 3382.4879 3412.5744
March 3475.6935 3425.3682 3447.6282
April 3494.0255 3456.5164 3477.8665
May 3510.9650 3461.5410 3482.7801
June 3484.3339 3442.2676 3465.0502
July 3474.9729 3448.2674 3459.0092
August 3485.0742 3440.0314 3470.0927
September 3503.9209 3467.7386 3490.4751
October 3524.2412 3494.3911 3511.8880
November 3536.6021 3509.9527 3521.0209
December 3549.7580 3520.8430 3533.2591