YEARLY HIGH
9951.9494 UZS
YEARLY LOW
9145.6856 UZS
YEARLY AVERAGE
9466.7503 UZS

2024 SGD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 9951.9494. Conversely, the yearly low was recorded on February 17, dropping to 9145.6856.

This high-to-low spread represents a total annual volatility of 806.2637 UZS. From a start-to-finish perspective, comparing the January average rate of 9262.2587 to the December average rate of 9526.7303, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9951.9494 was up 6.20% compared to the 2023 peak of 9370.8834, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,759,747 UZS
2023 Average 43,702,903 UZS
Yearly Trough Low 45,728,428 UZS
Transaction Impact: A difference of 4,031,318.72 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9871.3378
9187.0799
JanuMarcMayJulySeptNove

SGD 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 9321.4937, compared to 9612.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 290.5133 points.

H1 Avg (Jan–Jun) 9321.4937
H2 Avg (Jul–Dec) 9612.0070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 352.6072 UZS (High: 9748.0871 / Low: 9395.4799). On the other end, June was the most stable month, with a tight range of 156.9939 UZS (High: 9412.3422 / Low: 9255.3482).

August Spread (Volatile) ±352.6072
June Spread (Stable) ±156.9939

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 168.4948 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -168.4948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 9814.3163) against the same month in 2023 (average: 8923.5452), the exchange rate shifted by +890.7711 (+9.98%).

2024 Avg (September) 9814.3163
2023 Avg (September) 8923.5452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9374.6442 9182.4398 9262.2587
February 9335.4430 9145.6856 9244.1013
March 9432.4750 9274.9722 9360.2945
April 9425.8092 9250.0689 9333.3656
May 9463.2244 9267.2370 9393.3413
June 9412.3422 9255.3482 9335.6007
July 9431.4587 9248.7957 9366.2095
August 9748.0871 9395.4799 9598.8723
September 9951.9494 9669.3583 9814.3163
October 9886.2492 9667.4066 9767.2042
November 9732.7470 9507.8358 9598.7093
December 9609.5705 9434.8122 9526.7303