2024 PKR to UGX Historical Review

YEARLY HIGH

14.1500 UGX

YEARLY LOW

13.0847 UGX

YEARLY AVERAGE

13.4921 UGX

2024 PKR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 14.1500. Conversely, the yearly low was recorded on December 18, dropping to 13.0847.

This high-to-low spread represents a total annual volatility of 1.0653 UGX. From a start-to-finish perspective, comparing the January average rate of 13.5898 to the December average rate of 13.1747, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.1500 was down 13.91% compared to the 2023 peak of 16.4359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 7,075,007 UGX

2023 Average 6,687,155 UGX

Yearly Trough Low 6,542,350 UGX

Transaction Impact: A difference of 532,657.04 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.0569

13.0945

JanuMarcMayJulySeptNove

PKR 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 13.7114, compared to 13.2727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4386 points.

H1 Avg (Jan–Jun) 13.7114

H2 Avg (Jul–Dec) 13.2727

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.5302 UGX (High: 14.1500 / Low: 13.6198). On the other end, October was the most stable month, with a tight range of 0.0764 UGX (High: 13.2400 / Low: 13.1636).

February Spread (Volatile) ±0.5302

October Spread (Stable) ±0.0764

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 0.2394 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 13.8785) against the same month in 2023 (average: 13.8964), the exchange rate shifted by -0.0179 (-0.13%).

2024 Avg (February) 13.8785

2023 Avg (February) 13.8964

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.7457	13.4140	13.5898
February	14.1500	13.6198	13.8785
March	14.0681	13.8974	13.9767
April	13.9866	13.6471	13.7373
May	13.7394	13.4921	13.6115
June	13.7013	13.3007	13.4743
July	13.4220	13.2616	13.3118
August	13.4204	13.3152	13.3641
September	13.3789	13.2820	13.3363
October	13.2400	13.1636	13.2125
November	13.3333	13.1576	13.2371
December	13.2768	13.0847	13.1747