2024 CHF to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 4502.4553. Conversely, the yearly low was recorded on December 18, dropping to 4036.6514.
This high-to-low spread represents a total annual volatility of 465.8040 UGX. From a start-to-finish perspective, comparing the January average rate of 4432.8485 to the December average rate of 4107.9394, the exchange rate registered a net change of -7.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 4502.4553 was down 0.03% compared to the 2023 peak of 4503.8291, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4298.1923, compared to 4237.2502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 60.9421 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 161.7081 UGX (High: 4278.0233 / Low: 4116.3152). On the other end, September was the most stable month, with a tight range of 71.5351 UGX (High: 4411.9130 / Low: 4340.3778).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 184.7096 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 4432.8485) against the same month in 2023 (average: 3995.3894), the exchange rate shifted by +437.4590 (+10.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4502.4553 | 4377.9334 | 4432.8485 |
| February | 4488.8442 | 4355.4384 | 4415.5681 |
| March | 4451.6379 | 4290.7468 | 4382.0184 |
| April | 4293.8549 | 4147.1948 | 4197.3088 |
| May | 4228.2506 | 4125.1614 | 4166.2505 |
| June | 4278.0233 | 4116.3152 | 4195.1598 |
| July | 4243.5853 | 4093.3436 | 4154.6418 |
| August | 4420.6861 | 4274.6968 | 4339.1634 |
| September | 4411.9130 | 4340.3778 | 4381.3069 |
| October | 4331.2894 | 4226.9978 | 4262.4575 |
| November | 4258.0793 | 4120.4007 | 4177.9925 |
| December | 4180.2898 | 4036.6514 | 4107.9394 |