2024 BTN to UGX Historical Review

YEARLY HIGH

47.6754 UGX

YEARLY LOW

42.8348 UGX

YEARLY AVERAGE

44.9163 UGX

2024 BTN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 47.6754. Conversely, the yearly low was recorded on December 18, dropping to 42.8348.

This high-to-low spread represents a total annual volatility of 4.8406 UGX. From a start-to-finish perspective, comparing the January average rate of 45.7757 to the December average rate of 43.1295, the exchange rate registered a net change of -5.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 47.6754 was up 3.04% compared to the 2023 peak of 46.2696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 238,377 UGX

2023 Average 225,546 UGX

Yearly Trough Low 214,174 UGX

Transaction Impact: A difference of 24,202.95 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.3141

42.7490

JanuMarcMayJulySeptNove

BTN 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 45.9305, compared to 43.9021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0284 points.

H1 Avg (Jan–Jun) 45.9305

H2 Avg (Jul–Dec) 43.9021

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.7360 UGX (High: 47.6754 / Low: 45.9393). On the other end, October was the most stable month, with a tight range of 0.2496 UGX (High: 43.7982 / Low: 43.5485).

February Spread (Volatile) ±1.7360

October Spread (Stable) ±0.2496

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 1.1036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 46.6592) against the same month in 2023 (average: 44.6395), the exchange rate shifted by +2.0197 (+4.52%).

2024 Avg (February) 46.6592

2023 Avg (February) 44.6395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.9942	45.0938	45.7757
February	47.6754	45.9393	46.6592
March	47.4557	46.5301	46.9337
April	46.6420	45.5809	45.8301
May	45.9571	44.9398	45.4383
June	45.9069	44.3541	44.9462
July	44.6422	44.1169	44.3324
August	44.5991	44.2194	44.3879
September	44.4542	44.1190	44.2785
October	43.7982	43.5485	43.6662
November	43.9534	43.3834	43.6180
December	43.6293	42.8348	43.1295

2024 BTN నుండి UGX చారిత్రక సమీక్ష