2016 GMD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GMD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 88.5429. Conversely, the yearly low was recorded on April 24, dropping to 77.2210.
This high-to-low spread represents a total annual volatility of 11.3219 UGX. From a start-to-finish perspective, comparing the January average rate of 87.2206 to the December average rate of 84.1073, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 88.5429 was down 6.40% compared to the 2015 peak of 94.5938, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GMD 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 82.0558, compared to 80.9080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1478 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 6.8333 UGX (High: 85.4191 / Low: 78.5858). On the other end, September was the most stable month, with a tight range of 0.6012 UGX (High: 79.7065 / Low: 79.1053).
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 4.5110 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 87.2206) against the same month in 2015 (average: 66.3956), the exchange rate shifted by +20.8251 (+31.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.5429 | 85.4820 | 87.2206 |
| February | 88.0701 | 84.8282 | 86.8515 |
| March | 85.4191 | 78.5858 | 82.8527 |
| April | 79.0413 | 77.2210 | 78.3417 |
| May | 79.3257 | 77.5252 | 78.2204 |
| June | 79.8317 | 78.1424 | 78.8480 |
| July | 79.8146 | 78.6737 | 79.1693 |
| August | 79.5455 | 78.4500 | 79.0526 |
| September | 79.7065 | 79.1053 | 79.3506 |
| October | 81.2763 | 79.2572 | 80.3975 |
| November | 85.5053 | 80.9088 | 83.3707 |
| December | 84.8371 | 83.1064 | 84.1073 |