2024 UGX to DJF Historical Review

YEARLY HIGH

0.0489 DJF

YEARLY LOW

0.0450 DJF

YEARLY AVERAGE

0.0474 DJF

2024 UGX to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0489. Conversely, the yearly low was recorded on February 26, dropping to 0.0450.

This high-to-low spread represents a total annual volatility of 0.0039 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0468 to the December average rate of 0.0485, the exchange rate registered a net change of 3.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0489 was down 1.52% compared to the 2023 peak of 0.0497, 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 245 DJF

2023 Average 239 DJF

Yearly Trough Low 225 DJF

Transaction Impact: A difference of 19.58 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0488

0.0454

JanuMarcMayJulySeptNove

UGX to DJF 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 0.0465, compared to 0.0482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0465

H2 Avg (Jul–Dec) 0.0482

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0017 DJF (High: 0.0467 / Low: 0.0450). On the other end, October was the most stable month, with a tight range of 0.0004 DJF (High: 0.0486 / Low: 0.0482).

February Spread (Volatile) ±0.0017

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0485) against the same month in 2023 (average: 0.0471), the exchange rate shifted by +0.0015 (+3.08%).

2024 Avg (December) 0.0485

2023 Avg (December) 0.0471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0471	0.0465	0.0468
February	0.0467	0.0450	0.0460
March	0.0459	0.0452	0.0456
April	0.0469	0.0457	0.0466
May	0.0473	0.0465	0.0469
June	0.0480	0.0466	0.0474
July	0.0482	0.0476	0.0480
August	0.0480	0.0474	0.0477
September	0.0485	0.0477	0.0479
October	0.0486	0.0482	0.0484
November	0.0487	0.0480	0.0483
December	0.0489	0.0482	0.0485