2017 ETB to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 161.8721. Conversely, the yearly low was recorded on December 18, dropping to 131.7181.
This high-to-low spread represents a total annual volatility of 30.1540 UGX. From a start-to-finish perspective, comparing the January average rate of 160.2472 to the December average rate of 132.5932, the exchange rate registered a net change of -17.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 161.8721 was down 1.21% compared to the 2016 peak of 163.8577, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ETB 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 158.1762, compared to 145.1446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.0316 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 21.3262 UGX (High: 154.6419 / Low: 133.3157). On the other end, December was the most stable month, with a tight range of 1.8369 UGX (High: 133.5550 / Low: 131.7181).
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 September and October, when the average rate fell by 12.4153 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 160.2472) against the same month in 2016 (average: 162.1663), the exchange rate shifted by -1.9191 (-1.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 161.8721 | 157.7070 | 160.2472 |
| February | 159.8300 | 156.8613 | 158.2521 |
| March | 160.5579 | 156.3042 | 158.7336 |
| April | 160.1959 | 157.2474 | 158.8450 |
| May | 158.9442 | 156.2697 | 157.5440 |
| June | 157.1575 | 154.0000 | 155.4354 |
| July | 156.7669 | 153.8431 | 155.2762 |
| August | 156.1102 | 153.8998 | 154.8995 |
| September | 155.2682 | 152.3898 | 153.6536 |
| October | 154.6419 | 133.3157 | 141.2383 |
| November | 134.3157 | 132.4642 | 133.2068 |
| December | 133.5550 | 131.7181 | 132.5932 |