2024 AUD to UGX Historical Review

YEARLY HIGH

2595.2852 UGX

YEARLY LOW

2258.7576 UGX

YEARLY AVERAGE

2478.4476 UGX

2024 AUD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2595.2852. Conversely, the yearly low was recorded on December 18, dropping to 2258.7576.

This high-to-low spread represents a total annual volatility of 336.5276 UGX. From a start-to-finish perspective, comparing the January average rate of 2527.5821 to the December average rate of 2317.4052, the exchange rate registered a net change of -8.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2595.2852 was down 1.56% compared to the 2023 peak of 2636.4840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,976,426 UGX

2023 Average 12,370,567 UGX

Yearly Trough Low 11,293,788 UGX

Transaction Impact: A difference of 1,682,638.02 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2577.6651

2293.7453

JanuMarcMayJulySeptNove

AUD 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 2516.1867, compared to 2440.7084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 75.4783 points.

H1 Avg (Jan–Jun) 2516.1867

H2 Avg (Jul–Dec) 2440.7084

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 136.1893 UGX (High: 2394.9469 / Low: 2258.7576). On the other end, May was the most stable month, with a tight range of 56.6808 UGX (High: 2537.4262 / Low: 2480.7453).

December Spread (Volatile) ±136.1893

May Spread (Stable) ±56.6808

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 85.4035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -85.4035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2554.0051) against the same month in 2023 (average: 2496.6631), the exchange rate shifted by +57.3420 (+2.30%).

2024 Avg (March) 2554.0051

2023 Avg (March) 2496.6631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2581.0762	2499.2121	2527.5821
February	2582.8962	2480.5964	2527.2946
March	2595.2852	2527.5935	2554.0051
April	2540.1621	2439.4166	2485.4494
May	2537.4262	2480.7453	2510.7400
June	2551.4634	2449.2210	2492.0491
July	2504.3466	2433.1925	2473.2753
August	2531.9236	2398.8558	2475.9109
September	2555.7671	2472.8894	2513.1858
October	2527.7006	2404.0130	2461.6646
November	2449.4047	2368.6110	2402.8088
December	2394.9469	2258.7576	2317.4052