YEARLY HIGH
0.0083 CVE
YEARLY LOW
0.0077 CVE
YEARLY AVERAGE
0.0081 CVE

2024 UZS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UZS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0083. Conversely, the yearly low was recorded on September 26, dropping to 0.0077.

This high-to-low spread represents a total annual volatility of 0.0006 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0082 to the December average rate of 0.0082, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0083 was down 10.54% compared to the 2023 peak of 0.0093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 CVE
2023 Average 44 CVE
Yearly Trough Low 39 CVE
Transaction Impact: A difference of 2.78 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0083
0.0078
JanuMarcMayJulySeptNove

UZS to CVE 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 0.0081, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0081
H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 CVE (High: 0.0081 / Low: 0.0078). On the other end, December was the most stable month, with a tight range of 0.0001 CVE (High: 0.0082 / Low: 0.0081).

August Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0082) against the same month in 2023 (average: 0.0091), the exchange rate shifted by -0.0009 (-9.52%).

2024 Avg (February) 0.0082
2023 Avg (February) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0082 0.0081 0.0082
February 0.0083 0.0081 0.0082
March 0.0082 0.0080 0.0081
April 0.0082 0.0080 0.0081
May 0.0082 0.0079 0.0081
June 0.0082 0.0080 0.0081
July 0.0082 0.0080 0.0081
August 0.0081 0.0078 0.0079
September 0.0079 0.0077 0.0078
October 0.0080 0.0078 0.0079
November 0.0083 0.0079 0.0081
December 0.0082 0.0081 0.0082