2017 BGN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |