YEARLY HIGH
15.7803 UGX
YEARLY LOW
14.5623 UGX
YEARLY AVERAGE
15.0098 UGX

2024 YER to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 15.7803. Conversely, the yearly low was recorded on December 15, dropping to 14.5623.

This high-to-low spread represents a total annual volatility of 1.2180 UGX. From a start-to-finish perspective, comparing the January average rate of 15.1950 to the December average rate of 14.6510, the exchange rate registered a net change of -3.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.7803 was up 3.47% compared to the 2023 peak of 15.2507, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,901 UGX
2023 Average 74,378 UGX
Yearly Trough Low 72,812 UGX
Transaction Impact: A difference of 6,089.77 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.6452
14.5606
JanuMarcMayJulySeptNove

YER 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 15.2661, compared to 14.7536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5125 points.

H1 Avg (Jan–Jun) 15.2661
H2 Avg (Jul–Dec) 14.7536

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.5662 UGX (High: 15.7803 / Low: 15.2141). On the other end, October was the most stable month, with a tight range of 0.0943 UGX (High: 14.7112 / Low: 14.6169).

February Spread (Volatile) ±0.5662
October Spread (Stable) ±0.0943

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 0.2982 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 15.4704) against the same month in 2023 (average: 14.7277), the exchange rate shifted by +0.7427 (+5.04%).

2024 Avg (February) 15.4704
2023 Avg (February) 14.7277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.2534 15.0831 15.1950
February 15.7803 15.2141 15.4704
March 15.7078 15.4828 15.5548
April 15.5205 15.1468 15.2566
May 15.2764 15.0067 15.1342
June 15.2346 14.7960 14.9856
July 14.9289 14.7358 14.7985
August 14.9255 14.7248 14.8622
September 14.8911 14.7386 14.8245
October 14.7112 14.6169 14.6650
November 14.8284 14.6062 14.7203
December 14.7299 14.5623 14.6510