2024 KHR to UGX Historical Review

YEARLY HIGH

0.9693 UGX

YEARLY LOW

0.8964 UGX

YEARLY AVERAGE

0.9227 UGX

2024 KHR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KHR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.9693. Conversely, the yearly low was recorded on July 3, dropping to 0.8964.

This high-to-low spread represents a total annual volatility of 0.0729 UGX. From a start-to-finish perspective, comparing the January average rate of 0.9310 to the December average rate of 0.9108, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9693 was up 3.66% compared to the 2023 peak of 0.9351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,847 UGX

2023 Average 4,532 UGX

Yearly Trough Low 4,482 UGX

Transaction Impact: A difference of 364.43 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9674

0.8957

JanuMarcMayJulySeptNove

KHR 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 0.9376, compared to 0.9078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0298 points.

H1 Avg (Jan–Jun) 0.9376

H2 Avg (Jul–Dec) 0.9078

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0413 UGX (High: 0.9693 / Low: 0.9280). On the other end, October was the most stable month, with a tight range of 0.0043 UGX (High: 0.9050 / Low: 0.9006).

February Spread (Volatile) ±0.0413

October Spread (Stable) ±0.0043

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 0.0182 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.9488) against the same month in 2023 (average: 0.9025), the exchange rate shifted by +0.0463 (+5.13%).

2024 Avg (February) 0.9488

2023 Avg (February) 0.9025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9353	0.9208	0.9310
February	0.9693	0.9280	0.9488
March	0.9650	0.9572	0.9614
April	0.9614	0.9355	0.9432
May	0.9380	0.9200	0.9296
June	0.9304	0.8996	0.9116
July	0.9098	0.8964	0.9017
August	0.9171	0.9051	0.9105
September	0.9185	0.9045	0.9126
October	0.9050	0.9006	0.9030
November	0.9186	0.8975	0.9081
December	0.9164	0.9052	0.9108