YEARLY HIGH
0.0090 TWD
YEARLY LOW
0.0080 TWD
YEARLY AVERAGE
0.0085 TWD

2024 UGX to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0090. Conversely, the yearly low was recorded on February 26, dropping to 0.0080.

This high-to-low spread represents a total annual volatility of 0.0010 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0082 to the December average rate of 0.0089, the exchange rate registered a net change of 8.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0090 was up 1.66% compared to the 2023 peak of 0.0088, 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 45 TWD
2023 Average 42 TWD
Yearly Trough Low 40 TWD
Transaction Impact: A difference of 4.96 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0090
0.0080
JanuMarcMayJulySeptNove

UGX to TWD 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 0.0083, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0003 TWD (High: 0.0086 / Low: 0.0082). On the other end, October was the most stable month, with a tight range of 0.0001 TWD (High: 0.0088 / Low: 0.0087).

April Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0089) against the same month in 2023 (average: 0.0083), the exchange rate shifted by +0.0006 (+7.72%).

2024 Avg (December) 0.0089
2023 Avg (December) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0083 0.0081 0.0082
February 0.0082 0.0080 0.0081
March 0.0083 0.0080 0.0081
April 0.0086 0.0082 0.0085
May 0.0086 0.0084 0.0085
June 0.0088 0.0085 0.0086
July 0.0089 0.0087 0.0088
August 0.0088 0.0086 0.0087
September 0.0087 0.0086 0.0086
October 0.0088 0.0087 0.0087
November 0.0089 0.0087 0.0088
December 0.0090 0.0088 0.0089