2018 GMD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GMD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 82.7859. Conversely, the yearly low was recorded on December 16, dropping to 74.5446.
This high-to-low spread represents a total annual volatility of 8.2413 UGX. From a start-to-finish perspective, comparing the January average rate of 75.8363 to the December average rate of 75.0816, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 82.7859 was down 2.55% compared to the 2017 peak of 84.9510, 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 2018.
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 78.1023, compared to 76.9192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1832 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 5.8324 UGX (High: 82.6907 / Low: 76.8583). On the other end, December was the most stable month, with a tight range of 1.0139 UGX (High: 75.5585 / Low: 74.5446).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 2.5701 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 81.3294) against the same month in 2017 (average: 78.0751), the exchange rate shifted by +3.2543 (+4.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.8897 | 74.6189 | 75.8363 |
| February | 77.6988 | 75.7347 | 76.8831 |
| March | 77.8917 | 76.5369 | 77.2661 |
| April | 78.8397 | 77.7352 | 78.2764 |
| May | 80.0621 | 78.6284 | 79.0226 |
| June | 82.7859 | 79.9971 | 81.3294 |
| July | 82.6907 | 76.8583 | 78.7593 |
| August | 78.5033 | 76.5359 | 77.5468 |
| September | 78.7996 | 77.6154 | 78.3389 |
| October | 77.6853 | 75.6631 | 76.3624 |
| November | 75.9880 | 74.7023 | 75.4260 |
| December | 75.5585 | 74.5446 | 75.0816 |