2024 UGX to VND Historical Review

YEARLY HIGH

6.9927 VND

YEARLY LOW

6.2446 VND

YEARLY AVERAGE

6.6734 VND

2024 UGX to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UGX to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 6.9927. Conversely, the yearly low was recorded on February 26, dropping to 6.2446.

This high-to-low spread represents a total annual volatility of 0.7480 VND. From a start-to-finish perspective, comparing the January average rate of 6.4356 to the December average rate of 6.9386, the exchange rate registered a net change of 7.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.9927 was up 5.60% compared to the 2023 peak of 6.6220, 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 34,963 VND

2023 Average 32,008 VND

Yearly Trough Low 31,223 VND

Transaction Impact: A difference of 3,740.03 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.9997

6.2656

JanuMarcMayJulySeptNove

UGX to VND 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 6.5341, compared to 6.8126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2786 points.

H1 Avg (Jan–Jun) 6.5341

H2 Avg (Jul–Dec) 6.8126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.3099 VND (High: 6.6925 / Low: 6.3825). On the other end, January was the most stable month, with a tight range of 0.0657 VND (High: 6.4583 / Low: 6.3925).

April Spread (Volatile) ±0.3099

January Spread (Stable) ±0.0657

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 0.1197 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6.9386) against the same month in 2023 (average: 6.4216), the exchange rate shifted by +0.5170 (+8.05%).

2024 Avg (December) 6.9386

2023 Avg (December) 6.4216

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4583	6.3925	6.4356
February	6.4102	6.2446	6.3267
March	6.3968	6.2703	6.3487
April	6.6925	6.3825	6.5928
May	6.7859	6.6545	6.7181
June	6.8720	6.6603	6.7824
July	6.8946	6.7854	6.8492
August	6.8307	6.6774	6.7294
September	6.6909	6.5974	6.6407
October	6.9345	6.7140	6.8230
November	6.9535	6.8592	6.8950
December	6.9927	6.8804	6.9386