2014 HNL to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 HNL to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the HNL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 133.5686. Conversely, the yearly low was recorded on June 11, dropping to 122.5697.
This high-to-low spread represents a total annual volatility of 10.9989 UGX. From a start-to-finish perspective, comparing the January average rate of 124.6817 to the December average rate of 131.1416, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 133.5686 was down 3.04% compared to the 2013 peak of 137.7529, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
HNL 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 128.0115, compared to 126.6129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3987 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was May, with a trading range of 10.3124 UGX (High: 133.3400 / Low: 123.0275). On the other end, January was the most stable month, with a tight range of 1.3517 UGX (High: 125.3998 / Low: 124.0482).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 8.0940 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 131.0161) against the same month in 2013 (average: 133.3249), the exchange rate shifted by -2.3088 (-1.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.3998 | 124.0482 | 124.6817 |
| February | 129.2370 | 124.0850 | 125.0314 |
| March | 133.5686 | 129.0282 | 131.0161 |
| April | 133.4031 | 131.2536 | 131.9150 |
| May | 133.3400 | 123.0275 | 131.7595 |
| June | 125.1404 | 122.5697 | 123.6656 |
| July | 127.1524 | 123.6634 | 125.5581 |
| August | 125.3069 | 123.1445 | 124.2456 |
| September | 125.6278 | 122.9779 | 124.0770 |
| October | 127.4014 | 124.5192 | 125.9867 |
| November | 130.9938 | 126.3722 | 128.6683 |
| December | 132.1179 | 130.0734 | 131.1416 |