2024 BRL to UGX Historical Review

YEARLY HIGH

796.6776 UGX

YEARLY LOW

542.7186 UGX

YEARLY AVERAGE

700.7291 UGX

2024 BRL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 796.6776. Conversely, the yearly low was recorded on December 25, dropping to 542.7186.

This high-to-low spread represents a total annual volatility of 253.9589 UGX. From a start-to-finish perspective, comparing the January average rate of 774.9749 to the December average rate of 598.6930, the exchange rate registered a net change of -22.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 796.6776 was up 1.76% compared to the 2023 peak of 782.8860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 19,916,939 UGX

2023 Average 18,655,865 UGX

Yearly Trough Low 13,567,966 UGX

Transaction Impact: A difference of 6,348,972.99 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

799.6479

580.4244

JanuMarcMayJulySeptNove

BRL 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 752.4010, compared to 649.0572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 103.3438 points.

H1 Avg (Jan–Jun) 752.4010

H2 Avg (Jul–Dec) 649.0572

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 73.8543 UGX (High: 616.5729 / Low: 542.7186). On the other end, January was the most stable month, with a tight range of 19.0272 UGX (High: 782.8885 / Low: 763.8614).

December Spread (Volatile) ±73.8543

January Spread (Stable) ±19.0272

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 May and June, when the average rate fell by 41.7132 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -41.7132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 779.9414) against the same month in 2023 (average: 711.8897), the exchange rate shifted by +68.0517 (+9.56%).

2024 Avg (February) 779.9414

2023 Avg (February) 711.8897

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	782.8885	763.8614	774.9749
February	796.6776	767.7660	779.9414
March	793.5990	771.2003	781.3792
April	768.7936	724.9986	745.2744
May	747.1241	725.6671	737.2746
June	726.3852	662.6234	695.5614
July	684.3126	651.6577	668.8049
August	688.5584	644.4949	669.9364
September	685.4554	655.9733	669.9477
October	675.5798	631.8602	653.2013
November	648.1580	613.3538	633.7599
December	616.5729	542.7186	598.6930