2024 UZS to NGN Historical Review

YEARLY HIGH

0.1323 NGN

YEARLY LOW

0.0696 NGN

YEARLY AVERAGE

0.1161 NGN

2024 UZS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UZS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.1323. Conversely, the yearly low was recorded on January 17, dropping to 0.0696.

This high-to-low spread represents a total annual volatility of 0.0627 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0737 to the December average rate of 0.1221, the exchange rate registered a net change of 65.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1323 was up 81.91% compared to the 2023 peak of 0.0727, 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 661 NGN

2023 Average 269 NGN

Yearly Trough Low 348 NGN

Transaction Impact: A difference of 313.31 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1362

0.0680

JanuMarcMayJulySeptNove

UZS to NGN 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 0.1061, compared to 0.1260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.1061

H2 Avg (Jul–Dec) 0.1260

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0558 NGN (High: 0.1285 / Low: 0.0726). On the other end, November was the most stable month, with a tight range of 0.0041 NGN (High: 0.1322 / Low: 0.1281).

February Spread (Volatile) ±0.0558

November Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0208 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1265) against the same month in 2023 (average: 0.0644), the exchange rate shifted by +0.0620 (+96.30%).

2024 Avg (August) 0.1265

2023 Avg (August) 0.0644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0777	0.0696	0.0737
February	0.1285	0.0726	0.1106
March	0.1281	0.1106	0.1217
April	0.1125	0.0948	0.1009
May	0.1191	0.0974	0.1117
June	0.1205	0.1117	0.1182
July	0.1321	0.1111	0.1206
August	0.1323	0.1242	0.1265
September	0.1312	0.1258	0.1285
October	0.1312	0.1264	0.1280
November	0.1322	0.1281	0.1305
December	0.1310	0.1198	0.1221