YEARLY HIGH
2337.3615 UGX
YEARLY LOW
2134.6044 UGX
YEARLY AVERAGE
2250.0005 UGX

2018 BGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 2337.3615. Conversely, the yearly low was recorded on December 16, dropping to 2134.6044.

This high-to-low spread represents a total annual volatility of 202.7571 UGX. From a start-to-finish perspective, comparing the January average rate of 2270.4060 to the December average rate of 2160.2027, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2337.3615 was up 4.76% compared to the 2017 peak of 2231.1217, 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 11,686,808 UGX
2017 Average 10,449,651 UGX
Yearly Trough Low 10,673,022 UGX
Transaction Impact: A difference of 1,013,785.73 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2335.6396
2144.2539
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 2289.7004, compared to 2210.3006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 79.3998 points.

H1 Avg (Jan–Jun) 2289.7004
H2 Avg (Jul–Dec) 2210.3006

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 124.7378 UGX (High: 2329.7179 / Low: 2204.9800). On the other end, April was the most stable month, with a tight range of 42.2622 UGX (High: 2337.3615 / Low: 2295.0994).

July Spread (Volatile) ±124.7378
April Spread (Stable) ±42.2622

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 65.8982 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -65.8982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 2319.6908) against the same month in 2017 (average: 1988.0416), the exchange rate shifted by +331.6492 (+16.68%).

2018 Avg (April) 2319.6908
2017 Avg (April) 1988.0416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2311.0711 2228.1441 2270.4060
February 2321.2967 2272.3356 2298.2443
March 2333.0956 2283.1596 2304.6839
April 2337.3615 2295.0994 2319.6908
May 2282.1963 2225.4900 2253.7926
June 2326.2302 2248.6585 2291.3850
July 2329.7179 2204.9800 2245.2656
August 2257.8139 2162.7857 2200.6490
September 2299.6181 2229.5068 2265.0796
October 2263.9140 2179.1743 2219.1989
November 2199.1425 2150.5230 2171.4077
December 2179.3998 2134.6044 2160.2027