2024 LYD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LYD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LYD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 816.2413. Conversely, the yearly low was recorded on December 17, dropping to 743.8725.
This high-to-low spread represents a total annual volatility of 72.3688 UGX. From a start-to-finish perspective, comparing the January average rate of 791.6966 to the December average rate of 748.8021, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 816.2413 was up 2.52% compared to the 2023 peak of 796.1657, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LYD to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 790.2421, compared to 765.3740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.8681 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 28.9180 UGX (High: 789.8809 / Low: 760.9629). On the other end, September was the most stable month, with a tight range of 5.4838 UGX (High: 782.8678 / Low: 777.3840).
Growth Streaks & Declines
TrendsBetween 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 20.3541 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 800.2146) against the same month in 2023 (average: 769.0164), the exchange rate shifted by +31.1982 (+4.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 795.0363 | 789.0748 | 791.6966 |
| February | 816.2413 | 789.8591 | 800.2146 |
| March | 813.2461 | 802.5765 | 807.8028 |
| April | 803.6078 | 780.9459 | 787.4487 |
| May | 790.3398 | 772.2466 | 780.6528 |
| June | 789.8809 | 760.9629 | 773.6370 |
| July | 772.5803 | 758.3110 | 764.8027 |
| August | 785.2111 | 769.9618 | 776.9412 |
| September | 782.8678 | 777.3840 | 780.0878 |
| October | 774.8246 | 759.1198 | 765.2581 |
| November | 762.7122 | 750.3529 | 756.3519 |
| December | 757.1922 | 743.8725 | 748.8021 |