2024 SVC to UGX Historical Review

YEARLY HIGH

451.5990 UGX

YEARLY LOW

416.0033 UGX

YEARLY AVERAGE

429.4035 UGX

2024 SVC to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 451.5990. Conversely, the yearly low was recorded on December 18, dropping to 416.0033.

This high-to-low spread represents a total annual volatility of 35.5956 UGX. From a start-to-finish perspective, comparing the January average rate of 434.8124 to the December average rate of 418.8437, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 451.5990 was up 3.52% compared to the 2023 peak of 436.2435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,257,995 UGX

2023 Average 2,128,768 UGX

Yearly Trough Low 2,080,017 UGX

Transaction Impact: A difference of 177,978.13 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

447.9768

416.1952

JanuMarcMayJulySeptNove

SVC 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 436.8641, compared to 421.9429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.9212 points.

H1 Avg (Jan–Jun) 436.8641

H2 Avg (Jul–Dec) 421.9429

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 15.5977 UGX (High: 451.5990 / Low: 436.0012). On the other end, October was the most stable month, with a tight range of 1.6143 UGX (High: 420.0130 / Low: 418.3987).

February Spread (Volatile) ±15.5977

October Spread (Stable) ±1.6143

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 8.5104 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.5104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 442.4587) against the same month in 2023 (average: 421.3155), the exchange rate shifted by +21.1432 (+5.02%).

2024 Avg (February) 442.4587

2023 Avg (February) 421.3155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	436.2672	431.5881	434.8124
February	451.5990	436.0012	442.4587
March	449.5869	442.9259	445.3284
April	444.3299	433.5433	436.8180
May	437.0915	428.6139	432.9773
June	436.1984	423.3687	428.7901
July	427.0709	421.7032	423.4876
August	427.1396	424.2492	425.6035
September	426.1648	421.7111	424.0472
October	420.0130	418.3987	419.3046
November	423.4461	418.2632	420.3709
December	421.7675	416.0033	418.8437