2024 XCD to UGX Historical Review

YEARLY HIGH

1461.8014 UGX

YEARLY LOW

1346.8726 UGX

YEARLY AVERAGE

1390.0409 UGX

2024 XCD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 1461.8014. Conversely, the yearly low was recorded on December 17, dropping to 1346.8726.

This high-to-low spread represents a total annual volatility of 114.9288 UGX. From a start-to-finish perspective, comparing the January average rate of 1407.5535 to the December average rate of 1355.6783, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1461.8014 was up 3.48% compared to the 2023 peak of 1412.6473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 7,309,007 UGX

2023 Average 6,889,144 UGX

Yearly Trough Low 6,734,363 UGX

Transaction Impact: A difference of 574,643.94 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1449.5003

1347.1490

JanuMarcMayJulySeptNove

XCD 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 1414.0628, compared to 1366.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 48.0439 points.

H1 Avg (Jan–Jun) 1414.0628

H2 Avg (Jul–Dec) 1366.0189

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 52.7278 UGX (High: 1461.8014 / Low: 1409.0736). On the other end, October was the most stable month, with a tight range of 8.5983 UGX (High: 1362.4959 / Low: 1353.8976).

February Spread (Volatile) ±52.7278

October Spread (Stable) ±8.5983

Growth Streaks & Declines

Trends

Between January and March, 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 27.5691 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -27.5691

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1432.7743) against the same month in 2023 (average: 1364.2353), the exchange rate shifted by +68.5390 (+5.02%).

2024 Avg (February) 1432.7743

2023 Avg (February) 1364.2353

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1413.1341	1397.2156	1407.5535
February	1461.8014	1409.0736	1432.7743
March	1454.9389	1434.0979	1440.9710
April	1438.0231	1403.1192	1413.4019
May	1415.2698	1387.6466	1401.3780
June	1411.6759	1370.6222	1388.2983
July	1382.9341	1365.0295	1370.8406
August	1382.6232	1363.7569	1376.7103
September	1379.4339	1365.0330	1373.1586
October	1362.4959	1353.8976	1358.4633
November	1371.2919	1352.4930	1361.2623
December	1364.7702	1346.8726	1355.6783