2026 HNL to UGX Historical Review

YEARLY HIGH

142.8064 UGX

YEARLY LOW

130.5296 UGX

YEARLY AVERAGE

138.6160 UGX

2026 HNL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the HNL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 142.8064. Conversely, the yearly low was recorded on January 20, dropping to 130.5296.

This high-to-low spread represents a total annual volatility of 12.2768 UGX. From a start-to-finish perspective, comparing the January average rate of 135.1321 to the December average rate of 139.5860, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 142.8064 was down 1.98% compared to the 2025 peak of 145.6877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 714,032 UGX

2025 Average 692,369 UGX

Yearly Trough Low 652,648 UGX

Transaction Impact: A difference of 61,384.13 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

142.3435

134.0596

JanuMarcMayJuly

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 138.5131, compared to 138.9246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4116 points.

H1 Avg (Jan–Jun) 138.5131

H2 Avg (Jul–Dec) 138.9246

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 6.8700 UGX (High: 137.3996 / Low: 130.5296). On the other end, August was the most stable month, with a tight range of 1.2271 UGX (High: 140.1407 / Low: 138.9135).

January Spread (Volatile) ±6.8700

August Spread (Stable) ±1.2271

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 2.5438 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -2.5438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2026: 140.6643) against the same month in 2025 (average: 142.9627), the exchange rate shifted by -2.2984 (-1.61%).

2026 Avg (March) 140.6643

2025 Avg (March) 142.9627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.3996	130.5296	135.1321
February	136.2330	133.4547	134.7499
March	142.8064	136.1098	140.6643
April	141.2312	138.3207	139.7694
May	142.0623	140.3951	141.6532
June	141.8368	136.1248	139.1094
July	140.7414	136.3630	138.2633
August	140.1407	138.9135	139.5860