YEARLY HIGH
39.4268 UGX
YEARLY LOW
34.0281 UGX
YEARLY AVERAGE
36.9336 UGX

2017 CVE to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 39.4268. Conversely, the yearly low was recorded on February 22, dropping to 34.0281.

This high-to-low spread represents a total annual volatility of 5.3986 UGX. From a start-to-finish perspective, comparing the January average rate of 34.7924 to the December average rate of 38.8211, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 39.4268 was up 11.42% compared to the 2016 peak of 35.3865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 197,134 UGX
2016 Average 171,453 UGX
Yearly Trough Low 170,141 UGX
Transaction Impact: A difference of 26,993.05 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

39.3374
34.0776
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 35.3269, compared to 38.5403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2134 points.

H1 Avg (Jan–Jun) 35.3269
H2 Avg (Jul–Dec) 38.5403

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.9806 UGX (High: 38.7573 / Low: 36.7768). On the other end, October was the most stable month, with a tight range of 0.8774 UGX (High: 39.0714 / Low: 38.1940).

July Spread (Volatile) ±1.9806
October Spread (Stable) ±0.8774

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2764 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 38.6231) against the same month in 2016 (average: 34.2803), the exchange rate shifted by +4.3428 (+12.67%).

2017 Avg (August) 38.6231
2016 Avg (August) 34.2803

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.1201 34.0899 34.7924
February 35.3347 34.0281 34.5159
March 35.5817 34.0943 34.8675
April 36.1183 34.7507 35.1528
May 36.8305 35.6627 36.2052
June 37.0959 36.1614 36.4278
July 38.7573 36.7768 37.6186
August 39.4268 38.2152 38.6231
September 39.4103 38.3479 38.8990
October 39.0714 38.1940 38.7056
November 39.1663 38.0682 38.5745
December 39.4266 38.2184 38.8211