2024 ZAR to UZS Historical Review

YEARLY HIGH

744.6948 UZS

YEARLY LOW

645.3602 UZS

YEARLY AVERAGE

690.6550 UZS

2024 ZAR to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 744.6948. Conversely, the yearly low was recorded on January 22, dropping to 645.3602.

This high-to-low spread represents a total annual volatility of 99.3346 UZS. From a start-to-finish perspective, comparing the January average rate of 659.9208 to the December average rate of 705.7857, the exchange rate registered a net change of 6.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 744.6948 was up 9.85% compared to the 2023 peak of 677.9387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 37,234,740 UZS

2023 Average 31,826,518 UZS

Yearly Trough Low 32,268,011 UZS

Transaction Impact: A difference of 4,966,729.22 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

735.9705

646.2706

JanuMarcMayJulySeptNove

ZAR 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 670.9665, compared to 710.3435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.3769 points.

H1 Avg (Jan–Jun) 670.9665

H2 Avg (Jul–Dec) 710.3435

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 43.0025 UZS (High: 725.8919 / Low: 682.8893). On the other end, October was the most stable month, with a tight range of 14.9484 UZS (High: 735.5839 / Low: 720.6355).

December Spread (Volatile) ±43.0025

October Spread (Stable) ±14.9484

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 14.1975 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -14.1975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 722.8664) against the same month in 2023 (average: 641.4777), the exchange rate shifted by +81.3887 (+12.69%).

2024 Avg (September) 722.8664

2023 Avg (September) 641.4777

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	679.0452	645.3602	659.9208
February	669.5000	646.1795	653.7456
March	676.7013	654.0299	665.8573
April	686.9709	656.6282	670.8701
May	704.7714	672.7742	689.2709
June	704.3031	667.7219	686.1344
July	704.7579	676.5019	691.4957
August	716.3588	675.1156	699.1195
September	744.6948	703.7704	722.8664
October	735.5839	720.6355	728.4955
November	740.2360	700.0947	714.2980
December	725.8919	682.8893	705.7857