2024 AED to UGX Historical Review

YEARLY HIGH

1075.5762 UGX

YEARLY LOW

991.0197 UGX

YEARLY AVERAGE

1022.8001 UGX

2024 AED to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 1075.5762. Conversely, the yearly low was recorded on December 17, dropping to 991.0197.

This high-to-low spread represents a total annual volatility of 84.5565 UGX. From a start-to-finish perspective, comparing the January average rate of 1035.6900 to the December average rate of 997.4930, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1075.5762 was up 3.46% compared to the 2023 peak of 1039.5790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,377,881 UGX

2023 Average 5,069,222 UGX

Yearly Trough Low 4,955,098 UGX

Transaction Impact: A difference of 422,782.49 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1066.6335

991.2075

JanuMarcMayJulySeptNove

AED to UGX 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 1040.4972, compared to 1005.1029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.3943 points.

H1 Avg (Jan–Jun) 1040.4972

H2 Avg (Jul–Dec) 1005.1029

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 38.7965 UGX (High: 1075.5762 / Low: 1036.7797). On the other end, October was the most stable month, with a tight range of 6.3265 UGX (High: 1002.5084 / Low: 996.1818).

February Spread (Volatile) ±38.7965

October Spread (Stable) ±6.3265

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 20.2603 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -20.2603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1054.2315) against the same month in 2023 (average: 1003.7917), the exchange rate shifted by +50.4397 (+5.02%).

2024 Avg (February) 1054.2315

2023 Avg (February) 1003.7917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1039.7957	1028.1107	1035.6900
February	1075.5762	1036.7797	1054.2315
March	1070.5268	1055.3359	1060.3480
April	1058.2821	1032.5925	1040.0877
May	1041.3379	1021.0140	1031.1289
June	1038.6993	1008.4766	1021.4973
July	1017.5466	1004.3780	1008.6480
August	1017.3178	1003.4608	1012.9747
September	1014.9739	1004.3752	1010.3584
October	1002.5084	996.1818	999.5402
November	1008.9667	995.1503	1001.6031
December	1004.1818	991.0197	997.4930