2024 UGX to MDL Historical Review

YEARLY HIGH

0.0050 MDL

YEARLY LOW

0.0045 MDL

YEARLY AVERAGE

0.0047 MDL

2024 UGX to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0050. Conversely, the yearly low was recorded on March 4, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0005 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0050, the exchange rate registered a net change of 7.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0050 was down 3.35% compared to the 2023 peak of 0.0052, 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 25 MDL

2023 Average 24 MDL

Yearly Trough Low 23 MDL

Transaction Impact: A difference of 2.68 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0050

0.0045

JanuMarcMayJulySeptNove

UGX to MDL 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 0.0046, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0046

H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0002 MDL (High: 0.0048 / Low: 0.0046). On the other end, March was the most stable month, with a tight range of 0.0001 MDL (High: 0.0046 / Low: 0.0045).

June Spread (Volatile) ±0.0002

March Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0050) against the same month in 2023 (average: 0.0047), the exchange rate shifted by +0.0003 (+7.39%).

2024 Avg (December) 0.0050

2023 Avg (December) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0047	0.0046	0.0046
February	0.0047	0.0045	0.0046
March	0.0046	0.0045	0.0045
April	0.0047	0.0045	0.0046
May	0.0047	0.0046	0.0047
June	0.0048	0.0046	0.0047
July	0.0048	0.0047	0.0048
August	0.0048	0.0046	0.0047
September	0.0047	0.0046	0.0047
October	0.0049	0.0047	0.0048
November	0.0050	0.0048	0.0049
December	0.0050	0.0050	0.0050