2024 UGX to ALL Historical Review

YEARLY HIGH

0.0259 ALL

YEARLY LOW

0.0239 ALL

YEARLY AVERAGE

0.0248 ALL

2024 UGX to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0259. Conversely, the yearly low was recorded on September 30, dropping to 0.0239.

This high-to-low spread represents a total annual volatility of 0.0020 ALL. From a start-to-finish perspective, comparing the January average rate of 0.0250 to the December average rate of 0.0256, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0259 was down 13.70% compared to the 2023 peak of 0.0300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 130 ALL

2023 Average 135 ALL

Yearly Trough Low 120 ALL

Transaction Impact: A difference of 9.87 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0258

0.0240

JanuMarcMayJulySeptNove

UGX to ALL 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 0.0248, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0248

H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0011 ALL (High: 0.0253 / Low: 0.0242). On the other end, September was the most stable month, with a tight range of 0.0004 ALL (High: 0.0243 / Low: 0.0239).

February Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0256) against the same month in 2023 (average: 0.0249), the exchange rate shifted by +0.0007 (+2.86%).

2024 Avg (December) 0.0256

2023 Avg (December) 0.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0252	0.0247	0.0250
February	0.0253	0.0242	0.0249
March	0.0247	0.0242	0.0244
April	0.0250	0.0245	0.0248
May	0.0249	0.0242	0.0246
June	0.0253	0.0242	0.0249
July	0.0253	0.0247	0.0250
August	0.0249	0.0241	0.0244
September	0.0243	0.0239	0.0241
October	0.0250	0.0243	0.0247
November	0.0255	0.0245	0.0251
December	0.0259	0.0252	0.0256