YEARLY HIGH
0.6969 GNF
YEARLY LOW
0.6690 GNF
YEARLY AVERAGE
0.6809 GNF

2024 UZS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UZS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6969. Conversely, the yearly low was recorded on December 28, dropping to 0.6690.

This high-to-low spread represents a total annual volatility of 0.0279 GNF. From a start-to-finish perspective, comparing the January average rate of 0.6947 to the December average rate of 0.6706, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6969 was down 10.41% compared to the 2023 peak of 0.7778, 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 3,484 GNF
2023 Average 3,675 GNF
Yearly Trough Low 3,345 GNF
Transaction Impact: A difference of 139.54 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6971
0.6681
JanuMarcMayJulySeptNove

UZS to GNF 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 0.6846, compared to 0.6772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.6846
H2 Avg (Jul–Dec) 0.6772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0110 GNF (High: 0.6965 / Low: 0.6855). On the other end, December was the most stable month, with a tight range of 0.0032 GNF (High: 0.6722 / Low: 0.6690).

February Spread (Volatile) ±0.0110
December Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 0.0074 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6947) against the same month in 2023 (average: 0.7667), the exchange rate shifted by -0.0720 (-9.40%).

2024 Avg (January) 0.6947
2023 Avg (January) 0.7667

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6969 0.6908 0.6947
February 0.6965 0.6855 0.6919
March 0.6900 0.6792 0.6844
April 0.6810 0.6760 0.6781
May 0.6817 0.6750 0.6773
June 0.6856 0.6781 0.6815
July 0.6864 0.6793 0.6830
August 0.6863 0.6797 0.6825
September 0.6832 0.6766 0.6796
October 0.6811 0.6725 0.6748
November 0.6757 0.6699 0.6726
December 0.6722 0.6690 0.6706