2024 ANG to UGX Historical Review

YEARLY HIGH

2192.4794 UGX

YEARLY LOW

2019.7439 UGX

YEARLY AVERAGE

2084.7088 UGX

2024 ANG to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2192.4794. Conversely, the yearly low was recorded on December 17, dropping to 2019.7439.

This high-to-low spread represents a total annual volatility of 172.7355 UGX. From a start-to-finish perspective, comparing the January average rate of 2111.0363 to the December average rate of 2033.5378, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2192.4794 was up 3.51% compared to the 2023 peak of 2118.2173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,962,397 UGX

2023 Average 10,334,752 UGX

Yearly Trough Low 10,098,720 UGX

Transaction Impact: A difference of 863,677.42 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2174.9522

2020.6820

JanuMarcMayJulySeptNove

ANG 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 2120.8373, compared to 2048.5803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 72.2569 points.

H1 Avg (Jan–Jun) 2120.8373

H2 Avg (Jul–Dec) 2048.5803

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 88.5779 UGX (High: 2192.4794 / Low: 2103.9015). On the other end, October was the most stable month, with a tight range of 7.9011 UGX (High: 2039.2898 / Low: 2031.3887).

February Spread (Volatile) ±88.5779

October Spread (Stable) ±7.9011

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 41.7703 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -41.7703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2147.6433) against the same month in 2023 (average: 2045.5032), the exchange rate shifted by +102.1401 (+4.99%).

2024 Avg (February) 2147.6433

2023 Avg (February) 2045.5032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2118.3036	2095.4071	2111.0363
February	2192.4794	2103.9015	2147.6433
March	2182.7003	2150.2804	2162.0963
April	2157.3113	2104.5998	2120.3261
May	2122.1721	2081.0806	2102.0947
June	2117.6570	2055.7484	2081.8268
July	2073.4460	2047.3627	2056.2644
August	2073.8285	2059.4230	2066.2661
September	2068.9315	2047.3905	2058.7784
October	2039.2898	2031.3887	2035.7253
November	2055.9121	2030.6046	2040.9100
December	2047.6860	2019.7439	2033.5378