2018 AFN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AFN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AFN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 58.0035. Conversely, the yearly low was recorded on December 16, dropping to 48.7006.
This high-to-low spread represents a total annual volatility of 9.3029 UGX. From a start-to-finish perspective, comparing the January average rate of 52.1543 to the December average rate of 49.1339, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 58.0035 was up 6.06% compared to the 2017 peak of 54.6904, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
AFN to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 52.6668, compared to 50.3697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2970 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 9.0341 UGX (High: 58.0035 / Low: 48.9695). On the other end, April was the most stable month, with a tight range of 0.7516 UGX (High: 53.2922 / Low: 52.5406).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.9329 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 49.6528) against the same month in 2017 (average: 52.9880), the exchange rate shifted by -3.3353 (-6.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.5326 | 51.5185 | 52.1543 |
| February | 53.0106 | 52.1919 | 52.4763 |
| March | 53.2578 | 52.3638 | 52.6293 |
| April | 53.2922 | 52.5406 | 52.8215 |
| May | 52.9315 | 52.0031 | 52.4396 |
| June | 54.6064 | 52.6592 | 53.4794 |
| July | 53.2853 | 50.6205 | 51.5466 |
| August | 51.7206 | 50.7571 | 51.2891 |
| September | 51.2245 | 50.0479 | 50.7062 |
| October | 50.5780 | 49.4612 | 49.8898 |
| November | 58.0035 | 48.9695 | 49.6528 |
| December | 49.5989 | 48.7006 | 49.1339 |