2024 TND to UGX Historical Review

YEARLY HIGH

1266.2152 UGX

YEARLY LOW

1144.7200 UGX

YEARLY AVERAGE

1207.4691 UGX

2024 TND to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 1266.2152. Conversely, the yearly low was recorded on December 19, dropping to 1144.7200.

This high-to-low spread represents a total annual volatility of 121.4951 UGX. From a start-to-finish perspective, comparing the January average rate of 1225.8672 to the December average rate of 1156.5899, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1266.2152 was up 1.85% compared to the 2023 peak of 1243.1784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,331,076 UGX

2023 Average 6,000,290 UGX

Yearly Trough Low 5,723,600 UGX

Transaction Impact: A difference of 607,475.74 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1262.4191

1146.9691

JanuMarcMayJulySeptNove

TND 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 1224.5836, compared to 1190.3546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.2290 points.

H1 Avg (Jan–Jun) 1224.5836

H2 Avg (Jul–Dec) 1190.3546

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 50.5610 UGX (High: 1230.1576 / Low: 1179.5966). On the other end, September was the most stable month, with a tight range of 17.4429 UGX (High: 1229.0076 / Low: 1211.5647).

June Spread (Volatile) ±50.5610

September Spread (Stable) ±17.4429

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 34.9707 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -34.9707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1237.8393) against the same month in 2023 (average: 1186.4447), the exchange rate shifted by +51.3947 (+4.33%).

2024 Avg (February) 1237.8393

2023 Avg (February) 1186.4447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1237.0677	1219.2590	1225.8672
February	1266.2152	1219.5943	1237.8393
March	1261.6042	1240.5121	1252.7983
April	1243.8244	1205.2348	1217.8276
May	1226.4008	1200.3791	1212.3963
June	1230.1576	1179.5966	1200.7728
July	1204.0509	1177.6883	1189.9933
August	1224.8124	1192.9962	1212.1898
September	1229.0076	1211.5647	1220.7876
October	1205.2479	1179.0616	1189.9482
November	1187.2760	1156.7025	1172.6187
December	1172.8411	1144.7200	1156.5899