2024 UGX to JPY Historical Review

YEARLY HIGH

0.0438 JPY

YEARLY LOW

0.0372 JPY

YEARLY AVERAGE

0.0403 JPY

2024 UGX to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.0438. Conversely, the yearly low was recorded on January 1, dropping to 0.0372.

This high-to-low spread represents a total annual volatility of 0.0065 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0420, the exchange rate registered a net change of 9.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0438 was up 8.50% compared to the 2023 peak of 0.0403, 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 219 JPY

2023 Average 189 JPY

Yearly Trough Low 186 JPY

Transaction Impact: A difference of 32.71 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0429

0.0380

JanuMarcMayJulySeptNove

UGX to JPY 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 0.0399, compared to 0.0408 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) 0.0399

H2 Avg (Jul–Dec) 0.0408

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0035 JPY (High: 0.0438 / Low: 0.0403). On the other end, February was the most stable month, with a tight range of 0.0009 JPY (High: 0.0390 / Low: 0.0381).

July Spread (Volatile) ±0.0035

February Spread (Stable) ±0.0009

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 July and August, when the average rate fell by 0.0032 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0425) against the same month in 2023 (average: 0.0386), the exchange rate shifted by +0.0040 (+10.30%).

2024 Avg (July) 0.0425

2023 Avg (July) 0.0386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0390	0.0372	0.0384
February	0.0390	0.0381	0.0386
March	0.0390	0.0376	0.0385
April	0.0415	0.0390	0.0403
May	0.0417	0.0403	0.0411
June	0.0434	0.0407	0.0421
July	0.0438	0.0403	0.0425
August	0.0400	0.0388	0.0393
September	0.0394	0.0379	0.0386
October	0.0418	0.0392	0.0408
November	0.0426	0.0406	0.0417
December	0.0432	0.0405	0.0420