2024 LBP to UGX Historical Review

YEARLY HIGH

0.2594 UGX

YEARLY LOW

0.0406 UGX

YEARLY AVERAGE

0.0724 UGX

2024 LBP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.2594. Conversely, the yearly low was recorded on December 17, dropping to 0.0406.

This high-to-low spread represents a total annual volatility of 0.2188 UGX. From a start-to-finish perspective, comparing the January average rate of 0.2531 to the December average rate of 0.0409, the exchange rate registered a net change of -83.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2594 was down 89.47% compared to the 2023 peak of 2.4643, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,297 UGX

2023 Average 2,316 UGX

Yearly Trough Low 203 UGX

Transaction Impact: A difference of 1,093.82 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2743

0.0197

JanuMarcMayJulySeptNove

LBP 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 0.1035, compared to 0.0412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0623 points.

H1 Avg (Jan–Jun) 0.1035

H2 Avg (Jul–Dec) 0.0412

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2159 UGX (High: 0.2594 / Low: 0.0435). On the other end, October was the most stable month, with a tight range of 0.0002 UGX (High: 0.0411 / Low: 0.0409).

February Spread (Volatile) ±0.2159

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1542 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1977) against the same month in 2023 (average: 0.6365), the exchange rate shifted by -0.4388 (-68.94%).

2024 Avg (February) 0.1977

2023 Avg (February) 0.6365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2540	0.2515	0.2531
February	0.2594	0.0435	0.1977
March	0.0438	0.0432	0.0435
April	0.0434	0.0423	0.0427
May	0.0427	0.0419	0.0423
June	0.0426	0.0414	0.0419
July	0.0417	0.0412	0.0414
August	0.0417	0.0414	0.0416
September	0.0416	0.0412	0.0414
October	0.0411	0.0409	0.0410
November	0.0414	0.0408	0.0411
December	0.0412	0.0406	0.0409