2024 UGX to RUB Historical Review

YEARLY HIGH

0.0309 RUB

YEARLY LOW

0.0224 RUB

YEARLY AVERAGE

0.0247 RUB

2024 UGX to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0309. Conversely, the yearly low was recorded on June 19, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0086 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0283, the exchange rate registered a net change of 20.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0309 was up 11.88% compared to the 2023 peak of 0.0276, 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 155 RUB

2023 Average 115 RUB

Yearly Trough Low 112 RUB

Transaction Impact: A difference of 42.82 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0288

0.0230

JanuMarcMayJulySeptNove

UGX to RUB 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 0.0238, compared to 0.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0238

H2 Avg (Jul–Dec) 0.0257

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0044 RUB (High: 0.0306 / Low: 0.0262). On the other end, March was the most stable month, with a tight range of 0.0007 RUB (High: 0.0239 / Low: 0.0232).

November Spread (Volatile) ±0.0044

March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0283) against the same month in 2023 (average: 0.0241), the exchange rate shifted by +0.0042 (+17.65%).

2024 Avg (December) 0.0283

2023 Avg (December) 0.0241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0243	0.0230	0.0235
February	0.0243	0.0232	0.0237
March	0.0239	0.0232	0.0236
April	0.0247	0.0238	0.0243
May	0.0246	0.0232	0.0241
June	0.0241	0.0224	0.0235
July	0.0241	0.0227	0.0236
August	0.0248	0.0228	0.0239
September	0.0255	0.0236	0.0246
October	0.0266	0.0258	0.0262
November	0.0306	0.0262	0.0274
December	0.0309	0.0270	0.0283