YEARLY HIGH
816.2413 UGX
YEARLY LOW
743.8725 UGX
YEARLY AVERAGE
777.8080 UGX

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.

Transfer Payout Power Comparison

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

Yearly Peak High 4,081,206 UGX
2023 Average 3,871,323 UGX
Yearly Trough Low 3,719,363 UGX
Transaction Impact: A difference of 361,843.78 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

813.7029
742.9021
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 790.2421
H2 Avg (Jul–Dec) 765.3740

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±28.9180
September Spread (Stable) ±5.4838

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 20.3541 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.3541

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (February) 800.2146
2023 Avg (February) 769.0164

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