2017 BOB to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BOB to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BOB to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 529.3840. Conversely, the yearly low was recorded on August 6, dropping to 514.3190.
This high-to-low spread represents a total annual volatility of 15.0650 UGX. From a start-to-finish perspective, comparing the January average rate of 522.5573 to the December average rate of 524.7218, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 529.3840 was up 0.65% compared to the 2016 peak of 525.9849, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BOB 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 520.7706, compared to 521.7092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9386 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 11.4547 UGX (High: 527.0473 / Low: 515.5926). On the other end, December was the most stable month, with a tight range of 3.1767 UGX (High: 526.0113 / Low: 522.8346).
Growth Streaks & Declines
TrendsBetween February and April, 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 May and June, when the average rate fell by 4.5795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 526.1218) against the same month in 2016 (average: 496.1090), the exchange rate shifted by +30.0129 (+6.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 526.7102 | 518.0139 | 522.5573 |
| February | 523.6944 | 516.1318 | 518.4108 |
| March | 527.0473 | 515.5926 | 521.1328 |
| April | 526.4117 | 520.7798 | 523.4406 |
| May | 524.8975 | 518.2807 | 521.8307 |
| June | 521.9737 | 515.8097 | 517.2512 |
| July | 524.3256 | 516.1250 | 518.9105 |
| August | 523.8281 | 514.3190 | 519.1693 |
| September | 522.8544 | 514.4068 | 517.3697 |
| October | 529.3840 | 518.3574 | 526.1218 |
| November | 527.3629 | 518.7602 | 523.9617 |
| December | 526.0113 | 522.8346 | 524.7218 |