YEARLY HIGH
0.4089 UGX
YEARLY LOW
0.3807 UGX
YEARLY AVERAGE
0.3964 UGX

2017 GNF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.4089. Conversely, the yearly low was recorded on February 4, dropping to 0.3807.

This high-to-low spread represents a total annual volatility of 0.0282 UGX. From a start-to-finish perspective, comparing the January average rate of 0.3861 to the December average rate of 0.4022, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4089 was down 11.63% compared to the 2016 peak of 0.4627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GNF based on timing:

Yearly Peak High 2,044 UGX
2016 Average 2,057 UGX
Yearly Trough Low 1,903 UGX
Transaction Impact: A difference of 141.19 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4073
0.3804
JanuMarcMayJulySeptNove

GNF to UGX Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3897, compared to 0.4031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.3897
H2 Avg (Jul–Dec) 0.4031

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0154 UGX (High: 0.3963 / Low: 0.3809). On the other end, December was the most stable month, with a tight range of 0.0045 UGX (High: 0.4037 / Low: 0.3992).

January Spread (Volatile) ±0.0154
December Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0034 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.4046) against the same month in 2016 (average: 0.3728), the exchange rate shifted by +0.0318 (+8.52%).

2017 Avg (August) 0.4046
2016 Avg (August) 0.3728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3963 0.3809 0.3861
February 0.3894 0.3807 0.3826
March 0.3930 0.3823 0.3868
April 0.4019 0.3878 0.3916
May 0.4008 0.3898 0.3954
June 0.4005 0.3920 0.3958
July 0.4049 0.3956 0.4004
August 0.4089 0.3997 0.4046
September 0.4075 0.3987 0.4028
October 0.4085 0.4021 0.4051
November 0.4070 0.4017 0.4034
December 0.4037 0.3992 0.4022