2011 GHS to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GHS to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GHS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1855.3558. Conversely, the yearly low was recorded on December 20, dropping to 1442.0875.
This high-to-low spread represents a total annual volatility of 413.2683 UGX. From a start-to-finish perspective, comparing the January average rate of 1549.8707 to the December average rate of 1494.4952, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 1855.3558 was up 15.49% compared to the 2010 peak of 1606.4616, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GHS 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 1576.3327, compared to 1691.7274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 115.3947 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was February, with a trading range of 265.3764 UGX (High: 1731.8133 / Low: 1466.4370). On the other end, May was the most stable month, with a tight range of 19.4751 UGX (High: 1592.4935 / Low: 1573.0183).
Growth Streaks & Declines
TrendsBetween April and September, 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 October and November, when the average rate fell by 144.7046 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2011: 1806.8689) against the same month in 2010 (average: 1552.9352), the exchange rate shifted by +253.9336 (+16.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1605.9229 | 1466.3595 | 1549.8707 |
| February | 1731.8133 | 1466.4370 | 1560.4688 |
| March | 1590.3711 | 1562.4002 | 1573.2222 |
| April | 1588.1418 | 1540.5757 | 1573.0081 |
| May | 1592.4935 | 1573.0183 | 1583.3855 |
| June | 1763.1254 | 1575.5861 | 1618.0410 |
| July | 1735.9068 | 1673.4939 | 1709.9757 |
| August | 1855.3558 | 1729.3668 | 1806.8689 |
| September | 1847.2228 | 1769.7563 | 1808.4754 |
| October | 1785.9740 | 1617.2385 | 1737.6268 |
| November | 1643.1480 | 1534.0425 | 1592.9222 |
| December | 1548.6927 | 1442.0875 | 1494.4952 |