2024 SCR to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 995.2749. Conversely, the yearly low was recorded on August 4, dropping to 831.3836.
This high-to-low spread represents a total annual volatility of 163.8914 UZS. From a start-to-finish perspective, comparing the January average rate of 924.6849 to the December average rate of 912.4710, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 995.2749 was up 3.88% compared to the 2023 peak of 958.0664, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SCR 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 924.7032, compared to 926.5364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8332 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 156.6099 UZS (High: 987.9934 / Low: 831.3836). On the other end, May was the most stable month, with a tight range of 32.2187 UZS (High: 945.3699 / Low: 913.1512).
Growth Streaks & Declines
TrendsBetween July and September, 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 November and December, when the average rate fell by 20.5892 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 945.6917) against the same month in 2023 (average: 926.0689), the exchange rate shifted by +19.6229 (+2.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 945.1995 | 889.1957 | 924.6849 |
| February | 940.7478 | 895.7136 | 923.9703 |
| March | 942.6093 | 880.6365 | 923.8324 |
| April | 945.9525 | 882.3604 | 932.2495 |
| May | 945.3699 | 913.1512 | 929.1489 |
| June | 932.1205 | 859.0878 | 914.3334 |
| July | 931.7621 | 892.8556 | 913.7203 |
| August | 987.9934 | 831.3836 | 920.0629 |
| September | 995.2749 | 914.1343 | 945.6917 |
| October | 978.9771 | 849.5004 | 934.2121 |
| November | 957.3828 | 897.1767 | 933.0602 |
| December | 965.2834 | 851.4817 | 912.4710 |