YEARLY HIGH
1592.0626 UGX
YEARLY LOW
1384.6993 UGX
YEARLY AVERAGE
1500.6569 UGX

2018 GEL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 1592.0626. Conversely, the yearly low was recorded on December 16, dropping to 1384.6993.

This high-to-low spread represents a total annual volatility of 207.3634 UGX. From a start-to-finish perspective, comparing the January average rate of 1423.2031 to the December average rate of 1394.9709, the exchange rate registered a net change of -1.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1592.0626 was up 4.36% compared to the 2017 peak of 1525.5301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,960,313 UGX
2017 Average 7,247,536 UGX
Yearly Trough Low 6,923,496 UGX
Transaction Impact: A difference of 1,036,816.87 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1580.6455
1378.0913
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1499.3087, compared to 1502.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6964 points.

H1 Avg (Jan–Jun) 1499.3087
H2 Avg (Jul–Dec) 1502.0051

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 137.1345 UGX (High: 1535.6045 / Low: 1398.4700). On the other end, December was the most stable month, with a tight range of 26.1771 UGX (High: 1410.8763 / Low: 1384.6993).

November Spread (Volatile) ±137.1345
December Spread (Stable) ±26.1771

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 84.2387 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -84.2387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 1563.7660) against the same month in 2017 (average: 1489.0140), the exchange rate shifted by +74.7520 (+5.02%).

2018 Avg (June) 1563.7660
2017 Avg (June) 1489.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1474.3090 1402.0373 1423.2031
February 1490.7361 1463.9848 1479.7495
March 1516.4382 1478.6337 1494.0301
April 1526.4402 1499.8062 1516.2068
May 1539.7312 1507.3051 1518.8968
June 1592.0626 1530.6224 1563.7660
July 1591.7451 1504.8023 1534.7587
August 1530.6367 1499.4271 1511.6030
September 1564.1270 1517.2282 1547.9828
October 1562.9980 1530.6610 1543.5059
November 1535.6045 1398.4700 1479.2095
December 1410.8763 1384.6993 1394.9709