2024 RSD to UGX Historical Review

YEARLY HIGH

36.5784 UGX

YEARLY LOW

32.2092 UGX

YEARLY AVERAGE

34.7193 UGX

2024 RSD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 36.5784. Conversely, the yearly low was recorded on December 18, dropping to 32.2092.

This high-to-low spread represents a total annual volatility of 4.3692 UGX. From a start-to-finish perspective, comparing the January average rate of 35.4021 to the December average rate of 32.8051, the exchange rate registered a net change of -7.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.5784 was up 2.19% compared to the 2023 peak of 35.7959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 182,892 UGX

2023 Average 171,780 UGX

Yearly Trough Low 161,046 UGX

Transaction Impact: A difference of 21,845.88 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.4537

32.4734

JanuMarcMayJulySeptNove

RSD 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 35.2665, compared to 34.1721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0944 points.

H1 Avg (Jan–Jun) 35.2665

H2 Avg (Jul–Dec) 34.1721

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.6332 UGX (High: 35.5206 / Low: 33.8874). On the other end, September was the most stable month, with a tight range of 0.4767 UGX (High: 35.4678 / Low: 34.9911).

June Spread (Volatile) ±1.6332

September Spread (Stable) ±0.4767

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 1.1529 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 35.6645) against the same month in 2023 (average: 33.6285), the exchange rate shifted by +2.0360 (+6.05%).

2024 Avg (February) 35.6645

2023 Avg (February) 33.6285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.7341	35.1102	35.4021
February	36.5784	35.0901	35.6645
March	36.4849	35.7595	36.1220
April	35.8011	34.4567	34.9691
May	35.3614	34.5522	34.9544
June	35.5206	33.8874	34.4872
July	34.6455	33.9724	34.3489
August	35.5374	34.3894	35.0511
September	35.4678	34.9911	35.2241
October	34.6597	33.7287	34.1863
November	34.3127	32.8828	33.4174
December	33.3262	32.2092	32.8051