2024 UGX to BWP Historical Review

YEARLY HIGH

0.0038 BWP

YEARLY LOW

0.0035 BWP

YEARLY AVERAGE

0.0036 BWP

2024 UGX to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0038. Conversely, the yearly low was recorded on March 9, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0003 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0037, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0038 was up 1.51% compared to the 2023 peak of 0.0037, 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 19 BWP

2023 Average 18 BWP

Yearly Trough Low 17 BWP

Transaction Impact: A difference of 1.63 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0038

0.0035

JanuMarcMayJulySeptNove

UGX to BWP 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 0.0036, compared to 0.0036 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) 0.0036

H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0002 BWP (High: 0.0037 / Low: 0.0035). On the other end, March was the most stable month, with a tight range of 0.0001 BWP (High: 0.0035 / Low: 0.0035).

April Spread (Volatile) ±0.0002

March Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0037) against the same month in 2023 (average: 0.0036), the exchange rate shifted by +0.0002 (+4.82%).

2024 Avg (December) 0.0037

2023 Avg (December) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0035	0.0036
February	0.0036	0.0035	0.0035
March	0.0035	0.0035	0.0035
April	0.0037	0.0035	0.0036
May	0.0037	0.0035	0.0036
June	0.0037	0.0036	0.0036
July	0.0037	0.0036	0.0037
August	0.0037	0.0036	0.0036
September	0.0036	0.0035	0.0036
October	0.0037	0.0036	0.0036
November	0.0037	0.0036	0.0037
December	0.0038	0.0037	0.0037