2017 GMD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GMD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 84.9510. Conversely, the yearly low was recorded on December 13, dropping to 75.7126.
This high-to-low spread represents a total annual volatility of 9.2384 UGX. From a start-to-finish perspective, comparing the January average rate of 83.0420 to the December average rate of 76.3263, the exchange rate registered a net change of -8.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 84.9510 was down 4.06% compared to the 2016 peak of 88.5429, 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 2017.
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 80.3201, compared to 77.6549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6651 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 3.0522 UGX (High: 84.9510 / Low: 81.8988). On the other end, November was the most stable month, with a tight range of 0.9890 UGX (High: 77.2177 / Low: 76.2287).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.8089 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 83.0420) against the same month in 2016 (average: 87.2206), the exchange rate shifted by -4.1787 (-4.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.9510 | 81.8988 | 83.0420 |
| February | 82.7439 | 79.9004 | 81.2331 |
| March | 81.3283 | 80.0683 | 80.6625 |
| April | 80.9768 | 79.8525 | 80.2987 |
| May | 80.2112 | 77.8592 | 78.6091 |
| June | 78.9131 | 77.3611 | 78.0751 |
| July | 78.7784 | 77.3623 | 78.3759 |
| August | 79.9858 | 77.7667 | 78.7214 |
| September | 79.1636 | 77.8374 | 78.4476 |
| October | 78.7980 | 76.4378 | 77.2994 |
| November | 77.2177 | 76.2287 | 76.7589 |
| December | 76.7043 | 75.7126 | 76.3263 |