YEARLY HIGH
0.4328 UGX
YEARLY LOW
0.4017 UGX
YEARLY AVERAGE
0.4117 UGX

2018 GNF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 0.4328. Conversely, the yearly low was recorded on December 15, dropping to 0.4017.

This high-to-low spread represents a total annual volatility of 0.0311 UGX. From a start-to-finish perspective, comparing the January average rate of 0.4041 to the December average rate of 0.4057, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4328 was up 5.85% compared to the 2017 peak of 0.4089, 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 2,164 UGX
2017 Average 1,982 UGX
Yearly Trough Low 2,009 UGX
Transaction Impact: A difference of 155.47 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4270
0.4020
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 0.4103, compared to 0.4131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.4103
H2 Avg (Jul–Dec) 0.4131

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0243 UGX (High: 0.4321 / Low: 0.4078). On the other end, April was the most stable month, with a tight range of 0.0036 UGX (High: 0.4121 / Low: 0.4085).

July Spread (Volatile) ±0.0243
April Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between 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 0.0098 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.4249) against the same month in 2017 (average: 0.3958), the exchange rate shifted by +0.0291 (+7.35%).

2018 Avg (June) 0.4249
2017 Avg (June) 0.3958

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4067 0.4028 0.4041
February 0.4065 0.4029 0.4041
March 0.4101 0.4040 0.4058
April 0.4121 0.4085 0.4098
May 0.4184 0.4114 0.4134
June 0.4328 0.4173 0.4249
July 0.4321 0.4078 0.4151
August 0.4194 0.4066 0.4123
September 0.4226 0.4156 0.4194
October 0.4217 0.4125 0.4161
November 0.4128 0.4056 0.4102
December 0.4109 0.4017 0.4057