2024 TRY to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TRY to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TRY to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 418.7173. Conversely, the yearly low was recorded on December 21, dropping to 364.8737.
This high-to-low spread represents a total annual volatility of 53.8436 UZS. From a start-to-finish perspective, comparing the January average rate of 411.1785 to the December average rate of 367.7149, the exchange rate registered a net change of -10.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 418.7173 was down 30.81% compared to the 2023 peak of 605.1892, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TRY 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 396.4058, compared to 374.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.3634 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 11.4329 UZS (High: 418.7173 / Low: 407.2843). On the other end, October was the most stable month, with a tight range of 2.7275 UZS (High: 374.8234 / Low: 372.0959).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 11.9932 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 411.1785) against the same month in 2023 (average: 601.8681), the exchange rate shifted by -190.6896 (-31.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 418.7173 | 407.2843 | 411.1785 |
| February | 408.5627 | 399.0429 | 403.6195 |
| March | 399.0137 | 387.6207 | 391.6263 |
| April | 396.5662 | 388.0830 | 391.4739 |
| May | 395.6490 | 388.2337 | 393.2053 |
| June | 392.7720 | 382.3686 | 387.3312 |
| July | 386.6232 | 379.1628 | 382.8670 |
| August | 379.2628 | 370.4125 | 374.6787 |
| September | 376.0718 | 371.1429 | 373.2503 |
| October | 374.8234 | 372.0959 | 373.6270 |
| November | 374.0206 | 369.0084 | 372.1166 |
| December | 369.9382 | 364.8737 | 367.7149 |