YEARLY HIGH
215.0507 UGX
YEARLY LOW
195.0627 UGX
YEARLY AVERAGE
205.0238 UGX

2024 LSL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LSL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 215.0507. Conversely, the yearly low was recorded on December 31, dropping to 195.0627.

This high-to-low spread represents a total annual volatility of 19.9879 UGX. From a start-to-finish perspective, comparing the January average rate of 202.4312 to the December average rate of 201.0745, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 215.0507 was down 2.65% compared to the 2023 peak of 220.8988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,075,253 UGX
2023 Average 1,009,584 UGX
Yearly Trough Low 975,314 UGX
Transaction Impact: A difference of 99,939.63 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

211.6755
200.1108
JanuMarcMayJulySeptNove

LSL 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 204.1504, compared to 205.8972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7468 points.

H1 Avg (Jan–Jun) 204.1504
H2 Avg (Jul–Dec) 205.8972

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 12.1731 UGX (High: 207.2358 / Low: 195.0627). On the other end, February was the most stable month, with a tight range of 4.3046 UGX (High: 205.7512 / Low: 201.4467).

December Spread (Volatile) ±12.1731
February Spread (Stable) ±4.3046

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 November and December, when the average rate fell by 4.1418 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.1418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 210.7117) against the same month in 2023 (average: 197.2112), the exchange rate shifted by +13.5005 (+6.85%).

2024 Avg (September) 210.7117
2023 Avg (September) 197.2112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 204.6793 198.7918 202.4312
February 205.7512 201.4467 204.0273
March 209.5960 204.1851 206.4893
April 207.6418 198.3075 202.4499
May 210.3875 203.4836 205.8742
June 209.2227 199.9771 203.6304
July 205.9596 200.0062 203.1904
August 210.7015 200.7910 206.3427
September 215.0507 207.2917 210.7117
October 211.9785 206.3793 208.8476
November 210.7088 201.5678 205.2164
December 207.2358 195.0627 201.0745