2014 GHS to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GHS to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GHS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1081.8641. Conversely, the yearly low was recorded on August 19, dropping to 673.4956.
This high-to-low spread represents a total annual volatility of 408.3685 UGX. From a start-to-finish perspective, comparing the January average rate of 1049.2436 to the December average rate of 863.2669, the exchange rate registered a net change of -17.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 1081.8641 was down 24.69% compared to the 2013 peak of 1436.5716, 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 2014.
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 937.8709, compared to 796.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 141.8346 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 125.8119 UGX (High: 811.5747 / Low: 685.7628). On the other end, December was the most stable month, with a tight range of 9.7523 UGX (High: 867.8887 / Low: 858.1364).
Growth Streaks & Declines
TrendsBetween August and December, 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 March and April, when the average rate fell by 62.8885 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 1049.2436) against the same month in 2013 (average: 1410.5856), the exchange rate shifted by -361.3420 (-25.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1081.8641 | 1013.9194 | 1049.2436 |
| February | 1034.7916 | 969.8192 | 990.7911 |
| March | 989.4675 | 946.7572 | 976.8631 |
| April | 949.8710 | 890.8769 | 913.9746 |
| May | 893.2447 | 844.0731 | 868.7367 |
| June | 856.9513 | 794.0858 | 827.6160 |
| July | 803.9438 | 743.7759 | 779.5242 |
| August | 775.4511 | 673.4956 | 718.3074 |
| September | 811.5747 | 685.7628 | 736.0739 |
| October | 839.0400 | 809.6958 | 827.9356 |
| November | 869.0817 | 831.0885 | 851.1097 |
| December | 867.8887 | 858.1364 | 863.2669 |