2014 BND to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BND to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BND to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2147.7251. Conversely, the yearly low was recorded on January 25, dropping to 1933.4036.
This high-to-low spread represents a total annual volatility of 214.3214 UGX. From a start-to-finish perspective, comparing the January average rate of 1965.2962 to the December average rate of 2101.1864, the exchange rate registered a net change of 6.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 2147.7251 was down 3.05% compared to the 2013 peak of 2215.2914, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BND 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 2001.1009, compared to 2098.0375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 96.9366 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was July, with a trading range of 67.0648 UGX (High: 2147.7251 / Low: 2080.6602). On the other end, May was the most stable month, with a tight range of 22.1131 UGX (High: 2033.2921 / Low: 2011.1790).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 26.1798 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2014: 2116.4968) against the same month in 2013 (average: 2042.5315), the exchange rate shifted by +73.9653 (+3.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1996.7957 | 1933.4036 | 1965.2962 |
| February | 1994.6274 | 1933.8960 | 1948.9904 |
| March | 2023.4748 | 1981.9932 | 1999.3300 |
| April | 2034.9363 | 1996.6556 | 2013.0684 |
| May | 2033.2921 | 2011.1790 | 2020.5560 |
| June | 2088.4390 | 2027.4753 | 2059.3642 |
| July | 2147.7251 | 2080.6602 | 2116.4968 |
| August | 2097.7232 | 2073.4965 | 2090.3169 |
| September | 2089.8426 | 2057.3714 | 2072.0347 |
| October | 2127.7121 | 2066.7350 | 2098.5632 |
| November | 2130.4318 | 2073.6565 | 2109.6270 |
| December | 2131.6865 | 2080.4693 | 2101.1864 |