YEARLY HIGH
2231.1217 UGX
YEARLY LOW
1925.3798 UGX
YEARLY AVERAGE
2089.0209 UGX

2017 BGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2231.1217. Conversely, the yearly low was recorded on February 22, dropping to 1925.3798.

This high-to-low spread represents a total annual volatility of 305.7418 UGX. From a start-to-finish perspective, comparing the January average rate of 1965.0134 to the December average rate of 2196.7463, the exchange rate registered a net change of 11.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2231.1217 was up 11.64% compared to the 2016 peak of 1998.4687, 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 11,155,608 UGX
2016 Average 9,665,387 UGX
Yearly Trough Low 9,626,899 UGX
Transaction Impact: A difference of 1,528,709.23 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2225.6573
1927.3351
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 1998.0959, compared to 2179.9458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 181.8499 points.

H1 Avg (Jan–Jun) 1998.0959
H2 Avg (Jul–Dec) 2179.9458

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 109.6376 UGX (High: 2193.4424 / Low: 2083.8048). On the other end, October was the most stable month, with a tight range of 44.9520 UGX (High: 2208.1702 / Low: 2163.2182).

July Spread (Volatile) ±109.6376
October Spread (Stable) ±44.9520

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 14.8683 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -14.8683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2196.7463) against the same month in 2016 (average: 1940.1598), the exchange rate shifted by +256.5865 (+13.23%).

2017 Avg (December) 2196.7463
2016 Avg (December) 1940.1598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1989.6981 1929.3868 1965.0134
February 1995.5647 1925.3798 1952.1953
March 2010.6424 1934.5328 1972.4628
April 2041.1267 1960.7509 1988.0416
May 2085.4160 2020.2968 2049.4678
June 2096.0120 2043.1369 2061.3947
July 2193.4424 2083.8048 2127.4978
August 2218.9273 2155.4421 2184.2712
September 2231.0980 2164.3675 2200.7971
October 2208.1702 2163.2182 2185.9288
November 2215.6301 2151.8128 2184.4339
December 2231.1217 2166.4563 2196.7463