2024 ALL to UGX Historical Review

YEARLY HIGH

41.7830 UGX

YEARLY LOW

38.5981 UGX

YEARLY AVERAGE

40.3729 UGX

2024 ALL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 41.7830. Conversely, the yearly low was recorded on December 19, dropping to 38.5981.

This high-to-low spread represents a total annual volatility of 3.1849 UGX. From a start-to-finish perspective, comparing the January average rate of 39.9554 to the December average rate of 39.0446, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.7830 was up 2.09% compared to the 2023 peak of 40.9287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208,915 UGX

2023 Average 185,599 UGX

Yearly Trough Low 192,991 UGX

Transaction Impact: A difference of 15,924.54 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

41.7233

38.8011

JanuMarcMayJulySeptNove

ALL 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 40.4085, compared to 40.3374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0711 points.

H1 Avg (Jan–Jun) 40.4085

H2 Avg (Jul–Dec) 40.3374

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.8447 UGX (High: 41.2988 / Low: 39.4542). On the other end, September was the most stable month, with a tight range of 0.6340 UGX (High: 41.7830 / Low: 41.1490).

February Spread (Volatile) ±1.8447

September Spread (Stable) ±0.6340

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 September and October, when the average rate fell by 0.9294 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 41.4798) against the same month in 2023 (average: 37.3495), the exchange rate shifted by +4.1303 (+11.06%).

2024 Avg (September) 41.4798

2023 Avg (September) 37.3495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.4151	39.6358	39.9554
February	41.2988	39.4542	40.2467
March	41.2991	40.4956	40.9329
April	40.8500	39.9490	40.3675
May	41.3137	40.2240	40.7224
June	41.2754	39.5154	40.2260
July	40.4090	39.5431	40.0657
August	41.5704	40.2091	41.0040
September	41.7830	41.1490	41.4798
October	41.2178	40.0762	40.5504
November	40.8408	39.2111	39.8799
December	39.6114	38.5981	39.0446