2024 IDR to UGX Historical Review

YEARLY HIGH

0.2525 UGX

YEARLY LOW

0.2233 UGX

YEARLY AVERAGE

0.2369 UGX

2024 IDR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.2525. Conversely, the yearly low was recorded on December 19, dropping to 0.2233.

This high-to-low spread represents a total annual volatility of 0.0292 UGX. From a start-to-finish perspective, comparing the January average rate of 0.2435 to the December average rate of 0.2281, the exchange rate registered a net change of -6.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2525 was down 1.31% compared to the 2023 peak of 0.2558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 2,524,823 UGX

2023 Average 2,443,692 UGX

Yearly Trough Low 2,233,071 UGX

Transaction Impact: A difference of 291,751.83 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2498

0.2260

JanuMarcMayJulySeptNove

IDR 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 0.2401, compared to 0.2336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.2401

H2 Avg (Jul–Dec) 0.2336

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0122 UGX (High: 0.2413 / Low: 0.2291). On the other end, July was the most stable month, with a tight range of 0.0040 UGX (High: 0.2296 / Low: 0.2256).

August Spread (Volatile) ±0.0122

July Spread (Stable) ±0.0040

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 0.0106 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2472) against the same month in 2023 (average: 0.2431), the exchange rate shifted by +0.0041 (+1.68%).

2024 Avg (February) 0.2472

2023 Avg (February) 0.2431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2463	0.2408	0.2435
February	0.2525	0.2420	0.2472
March	0.2515	0.2441	0.2478
April	0.2439	0.2343	0.2372
May	0.2377	0.2328	0.2358
June	0.2353	0.2248	0.2293
July	0.2296	0.2256	0.2280
August	0.2413	0.2291	0.2362
September	0.2451	0.2393	0.2421
October	0.2399	0.2324	0.2352
November	0.2356	0.2296	0.2322
December	0.2325	0.2233	0.2281