2011 GEL to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GEL to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GEL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 1739.1988. Conversely, the yearly low was recorded on January 30, dropping to 1264.2862.
This high-to-low spread represents a total annual volatility of 474.9126 UGX. From a start-to-finish perspective, comparing the January average rate of 1296.7690 to the December average rate of 1476.6173, the exchange rate registered a net change of 13.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 1739.1988 was up 31.78% compared to the 2010 peak of 1319.8024, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GEL 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 1392.5249, compared to 1606.7981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 214.2732 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 177.2101 UGX (High: 1739.1988 / Low: 1561.9886). On the other end, May was the most stable month, with a tight range of 42.8429 UGX (High: 1451.7060 / Low: 1408.8631).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 132.0296 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 1688.5048) against the same month in 2010 (average: 1262.8028), the exchange rate shifted by +425.7021 (+33.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1323.1553 | 1264.2862 | 1296.7690 |
| February | 1355.2760 | 1281.5117 | 1323.3011 |
| March | 1424.2894 | 1369.3368 | 1401.4695 |
| April | 1452.0516 | 1398.5353 | 1425.5330 |
| May | 1451.7060 | 1408.8631 | 1425.7477 |
| June | 1606.4383 | 1435.7145 | 1482.3291 |
| July | 1580.0645 | 1525.5521 | 1554.4300 |
| August | 1719.7934 | 1581.7786 | 1670.4377 |
| September | 1730.4454 | 1669.9032 | 1694.3235 |
| October | 1739.1988 | 1561.9886 | 1688.5048 |
| November | 1589.8009 | 1510.7615 | 1556.4752 |
| December | 1536.1644 | 1426.7851 | 1476.6173 |