YEARLY HIGH
1998.4687 UGX
YEARLY LOW
1857.9937 UGX
YEARLY AVERAGE
1933.2587 UGX

2016 BGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 1998.4687. Conversely, the yearly low was recorded on March 2, dropping to 1857.9937.

This high-to-low spread represents a total annual volatility of 140.4751 UGX. From a start-to-finish perspective, comparing the January average rate of 1914.0168 to the December average rate of 1940.1598, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1998.4687 was down 7.07% compared to the 2015 peak of 2150.5725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,992,344 UGX
2015 Average 9,188,319 UGX
Yearly Trough Low 9,289,968 UGX
Transaction Impact: A difference of 702,375.26 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1969.0861
1907.6031
JanuMarcMayJulySeptNove

BGN 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 1929.6306, compared to 1936.8867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2562 points.

H1 Avg (Jan–Jun) 1929.6306
H2 Avg (Jul–Dec) 1936.8867

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 121.6665 UGX (High: 1998.4687 / Low: 1876.8023). On the other end, September was the most stable month, with a tight range of 22.0174 UGX (High: 1946.7453 / Low: 1924.7279).

February Spread (Volatile) ±121.6665
September Spread (Stable) ±22.0174

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 32.3365 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -32.3365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1946.2964) against the same month in 2015 (average: 1666.1388), the exchange rate shifted by +280.1576 (+16.81%).

2016 Avg (February) 1946.2964
2015 Avg (February) 1666.1388

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1942.6287 1868.5914 1914.0168
February 1998.4687 1876.8023 1946.2964
March 1959.0656 1857.9937 1913.9599
April 1963.0378 1899.5928 1937.4637
May 1954.0345 1913.8723 1931.5320
June 1958.0439 1916.7926 1934.5147
July 1936.2117 1896.3312 1912.7267
August 1950.6565 1912.1745 1931.9407
September 1946.7453 1924.7279 1937.3934
October 1947.6240 1915.9876 1935.1374
November 1988.5850 1947.1449 1963.9625
December 1987.4306 1893.9176 1940.1598