2024 RON to UGX Historical Review

YEARLY HIGH

862.2357 UGX

YEARLY LOW

757.3918 UGX

YEARLY AVERAGE

817.0999 UGX

2024 RON to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 862.2357. Conversely, the yearly low was recorded on December 18, dropping to 757.3918.

This high-to-low spread represents a total annual volatility of 104.8439 UGX. From a start-to-finish perspective, comparing the January average rate of 834.1701 to the December average rate of 771.2598, the exchange rate registered a net change of -7.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 862.2357 was up 2.23% compared to the 2023 peak of 843.4508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,311,178 UGX

2023 Average 4,071,155 UGX

Yearly Trough Low 3,786,959 UGX

Transaction Impact: A difference of 524,219.34 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

859.4399

763.2434

JanuMarcMayJulySeptNove

RON 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 830.5626, compared to 803.6372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.9254 points.

H1 Avg (Jan–Jun) 830.5626

H2 Avg (Jul–Dec) 803.6372

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 39.6268 UGX (High: 836.0779 / Low: 796.4511). On the other end, September was the most stable month, with a tight range of 12.0164 UGX (High: 835.1994 / Low: 823.1830).

June Spread (Volatile) ±39.6268

September Spread (Stable) ±12.0164

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 28.0687 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -28.0687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 840.1566) against the same month in 2023 (average: 803.7865), the exchange rate shifted by +36.3701 (+4.52%).

2024 Avg (February) 840.1566

2023 Avg (February) 803.7865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	841.4768	826.8933	834.1701
February	862.2357	826.4664	840.1566
March	860.4171	841.9602	851.4236
April	843.3391	811.4180	823.3548
May	832.5395	813.3588	822.9862
June	836.0779	796.4511	811.2844
July	816.2685	798.9508	808.4978
August	835.8607	809.0647	824.0058
September	835.1994	823.1830	828.6857
October	815.0492	794.1603	804.0375
November	807.1559	772.9177	785.3368
December	781.9937	757.3918	771.2598