2018 CNY to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 CNY to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the CNY to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 602.0232. Conversely, the yearly low was recorded on November 18, dropping to 534.3457.
This high-to-low spread represents a total annual volatility of 67.6775 UGX. From a start-to-finish perspective, comparing the January average rate of 566.4372 to the December average rate of 538.8664, the exchange rate registered a net change of -4.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 602.0232 was up 7.69% compared to the 2017 peak of 559.0390, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
CNY 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 580.9308, compared to 547.1026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 33.8282 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 46.3026 UGX (High: 588.6910 / Low: 542.3885). On the other end, April was the most stable month, with a tight range of 5.8237 UGX (High: 588.9113 / Low: 583.0876).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 34.1029 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 593.5374) against the same month in 2017 (average: 527.1902), the exchange rate shifted by +66.3472 (+12.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 576.8556 | 557.2292 | 566.4372 |
| February | 580.4085 | 572.6179 | 575.6024 |
| March | 587.1059 | 572.9917 | 578.1531 |
| April | 588.9113 | 583.0876 | 586.8164 |
| May | 588.8719 | 581.8008 | 585.0384 |
| June | 602.0232 | 585.5115 | 593.5374 |
| July | 588.6910 | 542.3885 | 559.4344 |
| August | 553.3627 | 539.3395 | 544.8969 |
| September | 558.8837 | 550.6539 | 554.6610 |
| October | 556.8054 | 539.3589 | 546.0710 |
| November | 543.1457 | 534.3457 | 538.6859 |
| December | 544.7978 | 534.6621 | 538.8664 |