2024 PLN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PLN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PLN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 997.0221. Conversely, the yearly low was recorded on January 1, dropping to 822.7473.
This high-to-low spread represents a total annual volatility of 174.2748 UGX. From a start-to-finish perspective, comparing the January average rate of 946.9915 to the December average rate of 898.6815, the exchange rate registered a net change of -5.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 997.0221 was up 2.95% compared to the 2023 peak of 968.4078, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PLN 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 956.4245, compared to 931.1809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.2437 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 139.3756 UGX (High: 962.1229 / Low: 822.7473). On the other end, September was the most stable month, with a tight range of 18.7659 UGX (High: 973.3666 / Low: 954.6007).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 37.1839 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 982.7273) against the same month in 2023 (average: 852.9508), the exchange rate shifted by +129.7765 (+15.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 962.1229 | 822.7473 | 946.9915 |
| February | 994.3548 | 946.5121 | 966.4807 |
| March | 997.0221 | 971.4119 | 982.7273 |
| April | 976.5594 | 932.2113 | 951.7149 |
| May | 973.6619 | 938.5895 | 956.1460 |
| June | 973.5489 | 905.7232 | 934.4869 |
| July | 948.4534 | 922.3821 | 939.2164 |
| August | 976.6788 | 935.6083 | 956.0744 |
| September | 973.3666 | 954.6007 | 963.9499 |
| October | 945.6777 | 908.8743 | 926.7660 |
| November | 921.9310 | 887.2363 | 902.3970 |
| December | 911.1309 | 882.8876 | 898.6815 |