2024 UGX to INR Historical Review

YEARLY HIGH

0.0235 INR

YEARLY LOW

0.0210 INR

YEARLY AVERAGE

0.0223 INR

2024 UGX to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0235. Conversely, the yearly low was recorded on February 26, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0025 INR. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0232, the exchange rate registered a net change of 6.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0235 was up 1.66% compared to the 2023 peak of 0.0231, 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 117 INR

2023 Average 111 INR

Yearly Trough Low 105 INR

Transaction Impact: A difference of 12.41 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0234

0.0211

JanuMarcMayJulySeptNove

UGX to INR 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 0.0218, compared to 0.0228 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) 0.0218

H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0008 INR (High: 0.0218 / Low: 0.0210). On the other end, October was the most stable month, with a tight range of 0.0002 INR (High: 0.0230 / Low: 0.0228).

February Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0232) against the same month in 2023 (average: 0.0220), the exchange rate shifted by +0.0012 (+5.40%).

2024 Avg (December) 0.0232

2023 Avg (December) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0220	0.0218	0.0218
February	0.0218	0.0210	0.0214
March	0.0215	0.0211	0.0213
April	0.0220	0.0215	0.0218
May	0.0223	0.0218	0.0220
June	0.0225	0.0218	0.0223
July	0.0227	0.0224	0.0226
August	0.0227	0.0224	0.0225
September	0.0227	0.0225	0.0226
October	0.0230	0.0228	0.0229
November	0.0231	0.0227	0.0229
December	0.0235	0.0230	0.0232