2018 ETB to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 141.7711. Conversely, the yearly low was recorded on December 22, dropping to 130.1143.
This high-to-low spread represents a total annual volatility of 11.6568 UGX. From a start-to-finish perspective, comparing the January average rate of 132.5865 to the December average rate of 131.7200, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 141.7711 was down 12.42% compared to the 2017 peak of 161.8721, 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 2018.
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 134.5147, compared to 134.8466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3318 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 8.2450 UGX (High: 141.6391 / Low: 133.3941). On the other end, April was the most stable month, with a tight range of 1.3099 UGX (High: 135.2417 / Low: 133.9318).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.0235 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 139.2705) against the same month in 2017 (average: 155.4354), the exchange rate shifted by -16.1649 (-10.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 133.1597 | 131.6909 | 132.5865 |
| February | 133.5196 | 131.6733 | 132.3375 |
| March | 134.3136 | 132.3179 | 132.9322 |
| April | 135.2417 | 133.9318 | 134.5156 |
| May | 137.0591 | 134.8059 | 135.4459 |
| June | 141.7711 | 136.8116 | 139.2705 |
| July | 141.6391 | 133.3941 | 136.2470 |
| August | 136.3835 | 133.1475 | 134.9640 |
| September | 138.1798 | 136.1606 | 137.1281 |
| October | 137.5387 | 133.9625 | 135.5349 |
| November | 134.7343 | 132.4617 | 133.4853 |
| December | 133.2141 | 130.1143 | 131.7200 |