2024 MDL to UGX Historical Review

YEARLY HIGH

222.2022 UGX

YEARLY LOW

198.5500 UGX

YEARLY AVERAGE

211.9117 UGX

2024 MDL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 222.2022. Conversely, the yearly low was recorded on December 25, dropping to 198.5500.

This high-to-low spread represents a total annual volatility of 23.6522 UGX. From a start-to-finish perspective, comparing the January average rate of 215.8793 to the December average rate of 200.0184, the exchange rate registered a net change of -7.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 222.2022 was up 1.45% compared to the 2023 peak of 219.0239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,111,011 UGX

2023 Average 1,029,508 UGX

Yearly Trough Low 992,750 UGX

Transaction Impact: A difference of 118,261.21 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

222.6655

197.9596

JanuMarcMayJulySeptNove

MDL 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 215.9640, compared to 207.8594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.1046 points.

H1 Avg (Jan–Jun) 215.9640

H2 Avg (Jul–Dec) 207.8594

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 10.1671 UGX (High: 217.3847 / Low: 207.2176). On the other end, March was the most stable month, with a tight range of 3.2251 UGX (High: 222.2022 / Low: 218.9771).

June Spread (Volatile) ±10.1671

March Spread (Stable) ±3.2251

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 September and October, when the average rate fell by 5.9011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.9011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 220.6067) against the same month in 2023 (average: 200.8623), the exchange rate shifted by +19.7444 (+9.83%).

2024 Avg (March) 220.6067

2023 Avg (March) 200.8623

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	219.0247	214.0217	215.8793
February	221.9430	214.5468	217.5232
March	222.2022	218.9771	220.6067
April	221.0533	212.2883	215.5127
May	216.9436	212.0696	214.4967
June	217.3847	207.2176	211.7655
July	210.9816	207.5451	209.2603
August	215.9664	209.4026	212.8011
September	215.3898	211.1034	213.5459
October	211.0136	204.3234	207.6448
November	207.0864	201.6542	203.8862
December	201.9581	198.5500	200.0184