YEARLY HIGH
0.0370 DZD
YEARLY LOW
0.0341 DZD
YEARLY AVERAGE
0.0357 DZD

2024 UGX to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0370. Conversely, the yearly low was recorded on February 26, dropping to 0.0341.

This high-to-low spread represents a total annual volatility of 0.0029 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0354 to the December average rate of 0.0367, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0370 was down 2.21% compared to the 2023 peak of 0.0378, 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 185 DZD
2023 Average 183 DZD
Yearly Trough Low 170 DZD
Transaction Impact: A difference of 14.61 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0369
0.0343
JanuMarcMayJulySeptNove

UGX to DZD 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 0.0352, compared to 0.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0352
H2 Avg (Jul–Dec) 0.0362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0014 DZD (High: 0.0354 / Low: 0.0341). On the other end, October was the most stable month, with a tight range of 0.0003 DZD (High: 0.0365 / Low: 0.0361).

February Spread (Volatile) ±0.0014
October Spread (Stable) ±0.0003

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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0367) against the same month in 2023 (average: 0.0356), the exchange rate shifted by +0.0011 (+3.05%).

2024 Avg (December) 0.0367
2023 Avg (December) 0.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0356 0.0352 0.0354
February 0.0354 0.0341 0.0348
March 0.0347 0.0343 0.0346
April 0.0355 0.0347 0.0352
May 0.0359 0.0352 0.0355
June 0.0364 0.0353 0.0359
July 0.0365 0.0360 0.0363
August 0.0364 0.0359 0.0361
September 0.0359 0.0356 0.0357
October 0.0365 0.0361 0.0363
November 0.0366 0.0361 0.0363
December 0.0370 0.0362 0.0367