2024 TJS to UGX Historical Review

YEARLY HIGH

360.6870 UGX

YEARLY LOW

333.1878 UGX

YEARLY AVERAGE

348.3537 UGX

2024 TJS to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 360.6870. Conversely, the yearly low was recorded on December 17, dropping to 333.1878.

This high-to-low spread represents a total annual volatility of 27.4992 UGX. From a start-to-finish perspective, comparing the January average rate of 348.2272 to the December average rate of 335.7401, the exchange rate registered a net change of -3.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 360.6870 was down 3.02% compared to the 2023 peak of 371.9194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,803,435 UGX

2023 Average 1,724,011 UGX

Yearly Trough Low 1,665,939 UGX

Transaction Impact: A difference of 137,495.94 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

357.8685

333.7284

JanuMarcMayJulySeptNove

TJS 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 351.2546, compared to 345.4528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.8018 points.

H1 Avg (Jan–Jun) 351.2546

H2 Avg (Jul–Dec) 345.4528

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 12.1406 UGX (High: 356.1530 / Low: 344.0124). On the other end, October was the most stable month, with a tight range of 1.7728 UGX (High: 345.5325 / Low: 343.7596).

May Spread (Volatile) ±12.1406

October Spread (Stable) ±1.7728

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 November and December, when the average rate fell by 9.0973 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.0973

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 353.7831) against the same month in 2023 (average: 354.9737), the exchange rate shifted by -1.1906 (-0.34%).

2024 Avg (February) 353.7831

2023 Avg (February) 354.9737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	350.0532	345.3709	348.2272
February	360.6870	349.1957	353.7831
March	359.2478	353.5821	355.8568
April	355.3871	346.4209	349.3753
May	356.1530	344.0124	349.2206
June	356.2463	344.2012	351.0647
July	351.8685	344.9205	348.2687
August	354.2179	348.1784	350.7798
September	350.1117	346.4568	348.5568
October	345.5325	343.7596	344.5342
November	347.5802	338.5628	344.8374
December	338.5628	333.1878	335.7401