YEARLY HIGH
581.3518 UGX
YEARLY LOW
536.0537 UGX
YEARLY AVERAGE
553.5915 UGX

2024 TTD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TTD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 581.3518. Conversely, the yearly low was recorded on December 18, dropping to 536.0537.

This high-to-low spread represents a total annual volatility of 45.2981 UGX. From a start-to-finish perspective, comparing the January average rate of 560.6434 to the December average rate of 539.9352, 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 581.3518 was up 3.32% compared to the 2023 peak of 562.6748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,906,759 UGX
2023 Average 2,744,057 UGX
Yearly Trough Low 2,680,268 UGX
Transaction Impact: A difference of 226,490.59 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

577.2079
536.5468
JanuMarcMayJulySeptNove

TTD 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 563.1665, compared to 544.0165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.1500 points.

H1 Avg (Jan–Jun) 563.1665
H2 Avg (Jul–Dec) 544.0165

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 18.5739 UGX (High: 581.3518 / Low: 562.7780). On the other end, October was the most stable month, with a tight range of 2.6406 UGX (High: 542.1024 / Low: 539.4619).

February Spread (Volatile) ±18.5739
October Spread (Stable) ±2.6406

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 10.6662 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.6662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 570.3704) against the same month in 2023 (average: 542.9181), the exchange rate shifted by +27.4523 (+5.06%).

2024 Avg (February) 570.3704
2023 Avg (February) 542.9181

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 563.7392 556.9301 560.6434
February 581.3518 562.7780 570.3704
March 579.6553 570.0339 573.8195
April 572.3294 559.2677 563.1532
May 563.5867 552.3063 558.1951
June 563.6250 545.1305 552.8173
July 549.7561 544.1020 546.3482
August 551.5556 546.4665 548.6570
September 550.2672 542.6934 546.5523
October 542.1024 539.4619 540.6248
November 545.5082 538.6217 541.9814
December 545.2877 536.0537 539.9352