YEARLY HIGH
35.9207 UGX
YEARLY LOW
31.5733 UGX
YEARLY AVERAGE
34.0693 UGX

2024 XPF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XPF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 35.9207. Conversely, the yearly low was recorded on December 18, dropping to 31.5733.

This high-to-low spread represents a total annual volatility of 4.3474 UGX. From a start-to-finish perspective, comparing the January average rate of 34.7789 to the December average rate of 32.1525, the exchange rate registered a net change of -7.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.9207 was up 2.21% compared to the 2023 peak of 35.1432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179,604 UGX
2023 Average 168,868 UGX
Yearly Trough Low 157,867 UGX
Transaction Impact: A difference of 21,736.99 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.8097
31.8200
JanuMarcMayJulySeptNove

XPF 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 34.6272, compared to 33.5114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1157 points.

H1 Avg (Jan–Jun) 34.6272
H2 Avg (Jul–Dec) 33.5114

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.6071 UGX (High: 34.8620 / Low: 33.2549). On the other end, September was the most stable month, with a tight range of 0.4951 UGX (High: 34.8058 / Low: 34.3107).

June Spread (Volatile) ±1.6071
September Spread (Stable) ±0.4951

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 1.1566 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 35.0275) against the same month in 2023 (average: 33.0660), the exchange rate shifted by +1.9614 (+5.93%).

2024 Avg (February) 35.0275
2023 Avg (February) 33.0660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.0589 34.4790 34.7789
February 35.9207 34.4536 35.0275
March 35.8233 35.0766 35.4772
April 35.1242 33.8302 34.3207
May 34.7090 33.9179 34.3194
June 34.8620 33.2549 33.8393
July 33.9863 33.3206 33.6987
August 34.8880 33.7314 34.3726
September 34.8058 34.3107 34.5511
October 33.9880 33.1030 33.5269
November 33.6506 32.2499 32.7669
December 32.5733 31.5733 32.1525