YEARLY HIGH
0.1601 UGX
YEARLY LOW
0.1430 UGX
YEARLY AVERAGE
0.1500 UGX

2024 VND to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1601. Conversely, the yearly low was recorded on December 18, dropping to 0.1430.

This high-to-low spread represents a total annual volatility of 0.0171 UGX. From a start-to-finish perspective, comparing the January average rate of 0.1554 to the December average rate of 0.1441, the exchange rate registered a net change of -7.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1601 was down 0.72% compared to the 2023 peak of 0.1613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 1,601,372 UGX
2023 Average 1,562,442 UGX
Yearly Trough Low 1,430,073 UGX
Transaction Impact: A difference of 171,299.13 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1595
0.1427
JanuMarcMayJulySeptNove

VND to UGX 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 0.1532, compared to 0.1468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1532
H2 Avg (Jul–Dec) 0.1468

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0073 UGX (High: 0.1567 / Low: 0.1494). On the other end, January was the most stable month, with a tight range of 0.0016 UGX (High: 0.1564 / Low: 0.1548).

April Spread (Volatile) ±0.0073
January Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1581) against the same month in 2023 (average: 0.1559), the exchange rate shifted by +0.0022 (+1.38%).

2024 Avg (February) 0.1581
2023 Avg (February) 0.1559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1564 0.1548 0.1554
February 0.1601 0.1560 0.1581
March 0.1595 0.1563 0.1575
April 0.1567 0.1494 0.1517
May 0.1503 0.1474 0.1489
June 0.1501 0.1455 0.1475
July 0.1474 0.1450 0.1460
August 0.1498 0.1464 0.1486
September 0.1516 0.1495 0.1506
October 0.1489 0.1442 0.1466
November 0.1458 0.1438 0.1450
December 0.1453 0.1430 0.1441