YEARLY HIGH
41.2900 UGX
YEARLY LOW
37.6331 UGX
YEARLY AVERAGE
39.7933 UGX

2018 CVE to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 41.2900. Conversely, the yearly low was recorded on December 16, dropping to 37.6331.

This high-to-low spread represents a total annual volatility of 3.6569 UGX. From a start-to-finish perspective, comparing the January average rate of 40.0905 to the December average rate of 38.2242, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 41.2900 was up 4.73% compared to the 2017 peak of 39.4268, 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 206,450 UGX
2017 Average 184,749 UGX
Yearly Trough Low 188,165 UGX
Transaction Impact: A difference of 18,284.58 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

41.2568
37.9485
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 40.4708, compared to 39.1158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3551 points.

H1 Avg (Jan–Jun) 40.4708
H2 Avg (Jul–Dec) 39.1158

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 1.9643 UGX (High: 40.9268 / Low: 38.9625). On the other end, April was the most stable month, with a tight range of 0.7144 UGX (High: 41.2900 / Low: 40.5755).

July Spread (Volatile) ±1.9643
April Spread (Stable) ±0.7144

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 1.0745 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 40.9811) against the same month in 2017 (average: 35.1528), the exchange rate shifted by +5.8283 (+16.58%).

2018 Avg (April) 40.9811
2017 Avg (April) 35.1528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.0608 39.2836 40.0905
February 40.9877 40.1640 40.6021
March 41.2600 40.1596 40.7369
April 41.2900 40.5755 40.9811
May 40.5125 39.5118 39.9066
June 41.2045 39.8568 40.5079
July 40.9268 38.9625 39.7154
August 39.8278 38.3053 38.9501
September 40.7108 39.4932 40.1044
October 40.0697 38.4436 39.2401
November 38.9189 38.1052 38.4602
December 38.5077 37.6331 38.2242