2024 SLL to UGX Historical Review

YEARLY HIGH

0.1884 UGX

YEARLY LOW

0.1736 UGX

YEARLY AVERAGE

0.1791 UGX

2024 SLL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1884. Conversely, the yearly low was recorded on December 17, dropping to 0.1736.

This high-to-low spread represents a total annual volatility of 0.0148 UGX. From a start-to-finish perspective, comparing the January average rate of 0.1814 to the December average rate of 0.1747, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1884 was down 12.17% compared to the 2023 peak of 0.2145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 942 UGX

2023 Average 982 UGX

Yearly Trough Low 868 UGX

Transaction Impact: A difference of 74.06 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1868

0.1736

JanuMarcMayJulySeptNove

SLL 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 0.1822, compared to 0.1761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1822

H2 Avg (Jul–Dec) 0.1761

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0068 UGX (High: 0.1884 / Low: 0.1816). On the other end, October was the most stable month, with a tight range of 0.0011 UGX (High: 0.1756 / Low: 0.1745).

February Spread (Volatile) ±0.0068

October Spread (Stable) ±0.0011

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 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1847) against the same month in 2023 (average: 0.2087), the exchange rate shifted by -0.0241 (-11.53%).

2024 Avg (February) 0.1847

2023 Avg (February) 0.2087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1821	0.1801	0.1814
February	0.1884	0.1816	0.1847
March	0.1875	0.1848	0.1857
April	0.1853	0.1808	0.1822
May	0.1824	0.1788	0.1806
June	0.1819	0.1766	0.1789
July	0.1782	0.1759	0.1767
August	0.1782	0.1758	0.1774
September	0.1778	0.1759	0.1770
October	0.1756	0.1745	0.1751
November	0.1767	0.1743	0.1754
December	0.1759	0.1736	0.1747