YEARLY HIGH
0.4312 UGX
YEARLY LOW
0.3951 UGX
YEARLY AVERAGE
0.4198 UGX

2026 GNF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the GNF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.4312. Conversely, the yearly low was recorded on January 21, dropping to 0.3951.

This high-to-low spread represents a total annual volatility of 0.0362 UGX. From a start-to-finish perspective, comparing the January average rate of 0.4078 to the December average rate of 0.4221, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.4312 was up 0.41% compared to the 2025 peak of 0.4295, 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 2,156 UGX
2025 Average 2,078 UGX
Yearly Trough Low 1,975 UGX
Transaction Impact: A difference of 180.91 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.4315
0.4043
JanuMarcMayJuly

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 0.4194, compared to 0.4221 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) 0.4194
H2 Avg (Jul–Dec) 0.4221

Volatility Range Comparison

Volatility

The most volatile month in 2026 was March, with a trading range of 0.0202 UGX (High: 0.4312 / Low: 0.4110). On the other end, May was the most stable month, with a tight range of 0.0046 UGX (High: 0.4305 / Low: 0.4259).

March Spread (Volatile) ±0.0202
May Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0055 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2026: 0.4253) against the same month in 2025 (average: 0.4240), the exchange rate shifted by +0.0013 (+0.30%).

2026 Avg (March) 0.4253
2025 Avg (March) 0.4240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4142 0.3951 0.4078
February 0.4110 0.4027 0.4065
March 0.4312 0.4110 0.4253
April 0.4281 0.4198 0.4235
May 0.4305 0.4259 0.4292
June 0.4301 0.4146 0.4238
July 0.4301 0.4162 0.4221