2024 QAR to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |