YEARLY HIGH
29.3632 UGX
YEARLY LOW
27.0425 UGX
YEARLY AVERAGE
28.0071 UGX

2024 DZD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 29.3632. Conversely, the yearly low was recorded on December 30, dropping to 27.0425.

This high-to-low spread represents a total annual volatility of 2.3207 UGX. From a start-to-finish perspective, comparing the January average rate of 28.2768 to the December average rate of 27.2812, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.3632 was up 3.56% compared to the 2023 peak of 28.3530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,816 UGX
2023 Average 136,972 UGX
Yearly Trough Low 135,212 UGX
Transaction Impact: A difference of 11,603.53 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.1092
27.1150
JanuMarcMayJulySeptNove

DZD 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 28.4010, compared to 27.6132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7878 points.

H1 Avg (Jan–Jun) 28.4010
H2 Avg (Jul–Dec) 27.6132

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.1321 UGX (High: 29.3632 / Low: 28.2311). On the other end, October was the most stable month, with a tight range of 0.2646 UGX (High: 27.6630 / Low: 27.3984).

February Spread (Volatile) ±1.1321
October Spread (Stable) ±0.2646

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 0.5635 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5635

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 28.7701) against the same month in 2023 (average: 27.0176), the exchange rate shifted by +1.7524 (+6.49%).

2024 Avg (February) 28.7701
2023 Avg (February) 27.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.4186 28.0947 28.2768
February 29.3632 28.2311 28.7701
March 29.1741 28.7794 28.9430
April 28.8230 28.1554 28.3795
May 28.3958 27.8532 28.1556
June 28.3679 27.4760 27.8813
July 27.8034 27.4171 27.5625
August 27.8310 27.4574 27.7241
September 28.1278 27.8228 28.0117
October 27.6630 27.3984 27.5432
November 27.7265 27.3233 27.5568
December 27.6278 27.0425 27.2812