YEARLY HIGH
5243.9692 UGX
YEARLY LOW
4772.0120 UGX
YEARLY AVERAGE
4988.4156 UGX

2024 XDR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 5243.9692. Conversely, the yearly low was recorded on December 17, dropping to 4772.0120.

This high-to-low spread represents a total annual volatility of 471.9571 UGX. From a start-to-finish perspective, comparing the January average rate of 5079.4427 to the December average rate of 4805.5284, the exchange rate registered a net change of -5.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5243.9692 was up 2.55% compared to the 2023 peak of 5113.7363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26,219,846 UGX
2023 Average 24,848,149 UGX
Yearly Trough Low 23,860,060 UGX
Transaction Impact: A difference of 2,359,785.63 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5216.2684
4768.1884
JanuMarcMayJulySeptNove

XDR 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 5066.8060, compared to 4910.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 156.7809 points.

H1 Avg (Jan–Jun) 5066.8060
H2 Avg (Jul–Dec) 4910.0251

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 205.1384 UGX (High: 5243.9692 / Low: 5038.8308). On the other end, September was the most stable month, with a tight range of 29.6464 UGX (High: 5021.1853 / Low: 4991.5389).

February Spread (Volatile) ±205.1384
September Spread (Stable) ±29.6464

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 134.0972 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -134.0972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 5139.3234) against the same month in 2023 (average: 4938.0033), the exchange rate shifted by +201.3201 (+4.08%).

2024 Avg (February) 5139.3234
2023 Avg (February) 4938.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5115.1674 5064.1345 5079.4427
February 5243.9692 5038.8308 5139.3234
March 5220.6469 5135.0591 5178.9284
April 5147.3130 4998.9336 5044.8312
May 5062.8581 4953.6614 5006.0440
June 5051.2643 4871.8430 4952.2662
July 4954.2330 4856.9755 4899.2162
August 5014.1398 4941.7729 4971.2427
September 5021.1853 4991.5389 5006.4008
October 4977.2045 4870.5744 4915.3164
November 4911.7046 4823.9259 4862.4462
December 4848.3839 4772.0120 4805.5284