YEARLY HIGH
0.0167 DOP
YEARLY LOW
0.0149 DOP
YEARLY AVERAGE
0.0158 DOP

2024 UGX to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0167. Conversely, the yearly low was recorded on February 26, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0018 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0154 to the December average rate of 0.0166, the exchange rate registered a net change of 7.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0167 was up 6.58% compared to the 2023 peak of 0.0157, 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 84 DOP
2023 Average 75 DOP
Yearly Trough Low 74 DOP
Transaction Impact: A difference of 9.16 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0167
0.0150
JanuMarcMayJulySeptNove

UGX to DOP 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 0.0154, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0154
H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0006 DOP (High: 0.0154 / Low: 0.0149). On the other end, October was the most stable month, with a tight range of 0.0001 DOP (High: 0.0165 / Low: 0.0164).

February Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0166) against the same month in 2023 (average: 0.0152), the exchange rate shifted by +0.0014 (+9.27%).

2024 Avg (December) 0.0166
2023 Avg (December) 0.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0155 0.0152 0.0154
February 0.0154 0.0149 0.0152
March 0.0153 0.0149 0.0152
April 0.0156 0.0152 0.0155
May 0.0156 0.0153 0.0154
June 0.0160 0.0155 0.0158
July 0.0160 0.0159 0.0160
August 0.0161 0.0158 0.0160
September 0.0164 0.0160 0.0162
October 0.0165 0.0164 0.0164
November 0.0165 0.0163 0.0164
December 0.0167 0.0164 0.0166