2016 CVE to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CVE to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CVE to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 35.3865. Conversely, the yearly low was recorded on March 2, dropping to 32.9212.
This high-to-low spread represents a total annual volatility of 2.4653 UGX. From a start-to-finish perspective, comparing the January average rate of 33.9507 to the December average rate of 34.4182, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 35.3865 was down 7.39% compared to the 2015 peak of 38.2099, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CVE 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 34.2203, compared to 34.3667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1464 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 2.0685 UGX (High: 35.3865 / Low: 33.3180). On the other end, September was the most stable month, with a tight range of 0.3516 UGX (High: 34.5194 / Low: 34.1678).
Growth Streaks & Declines
TrendsBetween March and May, 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 February and March, when the average rate fell by 0.6058 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 34.4937) against the same month in 2015 (average: 29.6007), the exchange rate shifted by +4.8930 (+16.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.4547 | 33.0818 | 33.9507 |
| February | 35.3865 | 33.3180 | 34.4937 |
| March | 34.6086 | 32.9212 | 33.8879 |
| April | 34.7048 | 33.7041 | 34.3523 |
| May | 34.7433 | 34.0117 | 34.3575 |
| June | 34.6253 | 33.9533 | 34.2795 |
| July | 34.3445 | 33.6081 | 33.9388 |
| August | 34.6086 | 33.8969 | 34.2803 |
| September | 34.5194 | 34.1678 | 34.3735 |
| October | 34.5323 | 33.9706 | 34.3365 |
| November | 35.2332 | 34.5651 | 34.8526 |
| December | 35.3415 | 33.4446 | 34.4182 |