2024 UGX to BDT Historical Review

YEARLY HIGH

0.0328 BDT

YEARLY LOW

0.0278 BDT

YEARLY AVERAGE

0.0308 BDT

2024 UGX to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0328. Conversely, the yearly low was recorded on February 26, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0051 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0288 to the December average rate of 0.0326, the exchange rate registered a net change of 13.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0328 was up 8.25% compared to the 2023 peak of 0.0303, 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 164 BDT

2023 Average 145 BDT

Yearly Trough Low 139 BDT

Transaction Impact: A difference of 25.27 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0331

0.0277

JanuMarcMayJulySeptNove

UGX to BDT 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 0.0293, compared to 0.0322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0293

H2 Avg (Jul–Dec) 0.0322

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0024 BDT (High: 0.0312 / Low: 0.0288). On the other end, October was the most stable month, with a tight range of 0.0001 BDT (High: 0.0326 / Low: 0.0325).

May Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0326) against the same month in 2023 (average: 0.0291), the exchange rate shifted by +0.0035 (+12.08%).

2024 Avg (December) 0.0326

2023 Avg (December) 0.0291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0291	0.0288	0.0288
February	0.0288	0.0278	0.0284
March	0.0283	0.0279	0.0282
April	0.0289	0.0282	0.0287
May	0.0312	0.0288	0.0304
June	0.0317	0.0308	0.0313
July	0.0318	0.0314	0.0317
August	0.0322	0.0314	0.0318
September	0.0324	0.0320	0.0322
October	0.0326	0.0325	0.0326
November	0.0327	0.0323	0.0325
December	0.0328	0.0324	0.0326