2024 PYG to UGX Historical Review

YEARLY HIGH

0.5430 UGX

YEARLY LOW

0.4579 UGX

YEARLY AVERAGE

0.4977 UGX

2024 PYG to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.5430. Conversely, the yearly low was recorded on October 28, dropping to 0.4579.

This high-to-low spread represents a total annual volatility of 0.0851 UGX. From a start-to-finish perspective, comparing the January average rate of 0.5224 to the December average rate of 0.4693, the exchange rate registered a net change of -10.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5430 was up 2.85% compared to the 2023 peak of 0.5280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,715 UGX

2023 Average 2,555 UGX

Yearly Trough Low 2,290 UGX

Transaction Impact: A difference of 425.43 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5390

0.4598

JanuMarcMayJulySeptNove

PYG 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 0.5177, compared to 0.4776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0400 points.

H1 Avg (Jan–Jun) 0.5177

H2 Avg (Jul–Dec) 0.4776

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0190 UGX (High: 0.5430 / Low: 0.5239). On the other end, July was the most stable month, with a tight range of 0.0045 UGX (High: 0.4928 / Low: 0.4883).

February Spread (Volatile) ±0.0190

July Spread (Stable) ±0.0045

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 0.0160 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5315) against the same month in 2023 (average: 0.5049), the exchange rate shifted by +0.0266 (+5.26%).

2024 Avg (February) 0.5315

2023 Avg (February) 0.5049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5251	0.5189	0.5224
February	0.5430	0.5239	0.5315
March	0.5382	0.5248	0.5324
April	0.5261	0.5102	0.5164
May	0.5086	0.5000	0.5049
June	0.5071	0.4912	0.4983
July	0.4928	0.4883	0.4907
August	0.4939	0.4841	0.4908
September	0.4852	0.4728	0.4782
October	0.4715	0.4579	0.4664
November	0.4756	0.4634	0.4704
December	0.4727	0.4656	0.4693