2024 UGX to SAR Historical Review

YEARLY HIGH

0.0010 SAR

YEARLY LOW

0.0009 SAR

YEARLY AVERAGE

0.0010 SAR

2024 UGX to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0010. Conversely, the yearly low was recorded on February 26, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0001 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0010, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0010 was down 1.37% compared to the 2023 peak of 0.0010, 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 5 SAR

2023 Average 5 SAR

Yearly Trough Low 5 SAR

Transaction Impact: A difference of 0.41 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0010

JanuMarcMayJulySeptNove

UGX to SAR 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 0.0010, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0010

H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0000 SAR (High: 0.0010 / Low: 0.0009). On the other end, October was the most stable month, with a tight range of 0.0000 SAR (High: 0.0010 / Low: 0.0010).

February Spread (Volatile) ±0.0000

October Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0010) against the same month in 2023 (average: 0.0010), the exchange rate shifted by +0.0000 (+3.37%).

2024 Avg (December) 0.0010

2023 Avg (December) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0010	0.0010	0.0010
February	0.0010	0.0009	0.0010
March	0.0010	0.0010	0.0010
April	0.0010	0.0010	0.0010
May	0.0010	0.0010	0.0010
June	0.0010	0.0010	0.0010
July	0.0010	0.0010	0.0010
August	0.0010	0.0010	0.0010
September	0.0010	0.0010	0.0010
October	0.0010	0.0010	0.0010
November	0.0010	0.0010	0.0010
December	0.0010	0.0010	0.0010