2024 AZN to UGX Historical Review

YEARLY HIGH

2323.8773 UGX

YEARLY LOW

2141.1709 UGX

YEARLY AVERAGE

2209.6596 UGX

2024 AZN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2323.8773. Conversely, the yearly low was recorded on December 17, dropping to 2141.1709.

This high-to-low spread represents a total annual volatility of 182.7064 UGX. From a start-to-finish perspective, comparing the January average rate of 2237.1836 to the December average rate of 2155.1697, 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 2323.8773 was up 3.48% compared to the 2023 peak of 2245.7353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,619,386 UGX

2023 Average 10,951,336 UGX

Yearly Trough Low 10,705,855 UGX

Transaction Impact: A difference of 913,531.75 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2303.5332

2141.6821

JanuMarcMayJulySeptNove

AZN 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 2247.7107, compared to 2171.6084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 76.1022 points.

H1 Avg (Jan–Jun) 2247.7107

H2 Avg (Jul–Dec) 2171.6084

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 83.8232 UGX (High: 2323.8773 / Low: 2240.0541). On the other end, October was the most stable month, with a tight range of 13.6690 UGX (High: 2166.0078 / Low: 2152.3388).

February Spread (Volatile) ±83.8232

October Spread (Stable) ±13.6690

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 43.5894 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -43.5894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2277.7319) against the same month in 2023 (average: 2168.7731), the exchange rate shifted by +108.9588 (+5.02%).

2024 Avg (February) 2277.7319

2023 Avg (February) 2168.7731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2246.5092	2214.1905	2237.1836
February	2323.8773	2240.0541	2277.7319
March	2312.9677	2276.7910	2290.0456
April	2286.0761	2223.5460	2246.4561
May	2249.9044	2205.9907	2227.8201
June	2244.1911	2178.9265	2207.0268
July	2198.4992	2170.0355	2179.2737
August	2198.0048	2168.0124	2188.6049
September	2192.9348	2170.0412	2182.9587
October	2166.0078	2152.3388	2159.5970
November	2179.9912	2150.1059	2164.0468
December	2169.6233	2141.1709	2155.1697