2024 TOP to UZS Historical Review

YEARLY HIGH

5459.5256 UZS

YEARLY LOW

5154.4536 UZS

YEARLY AVERAGE

5339.7594 UZS

2024 TOP to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 5459.5256. Conversely, the yearly low was recorded on February 19, dropping to 5154.4536.

This high-to-low spread represents a total annual volatility of 305.0720 UZS. From a start-to-finish perspective, comparing the January average rate of 5252.8630 to the December average rate of 5375.1766, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5459.5256 was up 2.90% compared to the 2023 peak of 5305.7916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,297,628 UZS

2023 Average 24,845,417 UZS

Yearly Trough Low 25,772,268 UZS

Transaction Impact: A difference of 1,525,359.95 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5439.6936

5234.3327

JanuMarcMayJulySeptNove

TOP 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 5304.8357, compared to 5374.6830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 69.8473 points.

H1 Avg (Jan–Jun) 5304.8357

H2 Avg (Jul–Dec) 5374.6830

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 181.0542 UZS (High: 5422.3663 / Low: 5241.3120). On the other end, December was the most stable month, with a tight range of 42.5112 UZS (High: 5402.5144 / Low: 5360.0031).

August Spread (Volatile) ±181.0542

December Spread (Stable) ±42.5112

Growth Streaks & Declines

Trends

Between February and May, 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 54.1539 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -54.1539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 5422.5802) against the same month in 2023 (average: 5088.0137), the exchange rate shifted by +334.5665 (+6.58%).

2024 Avg (September) 5422.5802

2023 Avg (September) 5088.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5308.9918	5212.1162	5252.8630
February	5311.7325	5154.4536	5251.4461
March	5348.4187	5256.2860	5301.1722
April	5358.4242	5213.4511	5313.4671
May	5400.1930	5279.2722	5357.7839
June	5410.9506	5306.6222	5352.2821
July	5369.5784	5272.0022	5326.7524
August	5422.3663	5241.3120	5340.8998
September	5459.5256	5382.4499	5422.5802
October	5458.9781	5364.1135	5418.4214
November	5393.0713	5337.2110	5364.2676
December	5402.5144	5360.0031	5375.1766