YEARLY HIGH
4502.4553 UGX
YEARLY LOW
4036.6514 UGX
YEARLY AVERAGE
4267.7213 UGX

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.

Transfer Payout Power Comparison

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

Yearly Peak High 22,512,277 UGX
2023 Average 20,734,657 UGX
Yearly Trough Low 20,183,257 UGX
Transaction Impact: A difference of 2,329,019.88 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4465.3394
4075.4485
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4298.1923
H2 Avg (Jul–Dec) 4237.2502

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±161.7081
September Spread (Stable) ±71.5351

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 March and April, when the average rate fell by 184.7096 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -184.7096

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (January) 4432.8485
2023 Avg (January) 3995.3894

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