YEARLY HIGH
1265.1664 UZS
YEARLY LOW
1146.1492 UZS
YEARLY AVERAGE
1196.6830 UZS

2024 SEK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1265.1664. Conversely, the yearly low was recorded on April 30, dropping to 1146.1492.

This high-to-low spread represents a total annual volatility of 119.0172 UZS. From a start-to-finish perspective, comparing the January average rate of 1195.9866 to the December average rate of 1170.6692, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1265.1664 was up 1.71% compared to the 2023 peak of 1243.9151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,325,832 UZS
2023 Average 5,533,107 UZS
Yearly Trough Low 5,730,746 UZS
Transaction Impact: A difference of 595,085.95 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1251.3032
1163.3389
JanuMarcMayJulySeptNove

SEK 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 1190.7991, compared to 1202.5668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.7678 points.

H1 Avg (Jan–Jun) 1190.7991
H2 Avg (Jul–Dec) 1202.5668

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 77.4420 UZS (High: 1247.6652 / Low: 1170.2232). On the other end, December was the most stable month, with a tight range of 28.1655 UZS (High: 1183.3247 / Low: 1155.1591).

August Spread (Volatile) ±77.4420
December Spread (Stable) ±28.1655

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 43.7901 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -43.7901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1243.9728) against the same month in 2023 (average: 1096.8507), the exchange rate shifted by +147.1221 (+13.41%).

2024 Avg (September) 1243.9728
2023 Avg (September) 1096.8507

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1228.1650 1177.4982 1195.9866
February 1214.6796 1165.3058 1191.5891
March 1229.1436 1179.3482 1204.3560
April 1201.2871 1146.1492 1170.7875
May 1200.8433 1154.4271 1180.5839
June 1219.5145 1183.6487 1201.4913
July 1215.1917 1162.8721 1185.5462
August 1247.6652 1170.2232 1215.0323
September 1265.1664 1221.4547 1243.9728
October 1241.0086 1197.9231 1221.9853
November 1209.8320 1161.6628 1178.1952
December 1183.3247 1155.1591 1170.6692