2017 ISK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ISK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ISK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 36.9806. Conversely, the yearly low was recorded on January 30, dropping to 30.7386.
This high-to-low spread represents a total annual volatility of 6.2420 UGX. From a start-to-finish perspective, comparing the January average rate of 31.6492 to the December average rate of 34.6160, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 36.9806 was up 12.44% compared to the 2016 peak of 32.8899, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ISK 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 33.4494, compared to 34.4600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0107 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 2.8847 UGX (High: 36.9806 / Low: 34.0959). On the other end, October was the most stable month, with a tight range of 0.7857 UGX (High: 34.7812 / Low: 33.9955).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.9969 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2017: 35.5991) against the same month in 2016 (average: 27.2904), the exchange rate shifted by +8.3087 (+30.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.2462 | 30.7386 | 31.6492 |
| February | 33.6236 | 31.2425 | 32.2037 |
| March | 33.9359 | 31.9683 | 33.0464 |
| April | 34.4898 | 31.8607 | 32.9210 |
| May | 36.4184 | 34.1572 | 35.2768 |
| June | 36.9806 | 34.0959 | 35.5991 |
| July | 35.3742 | 33.5605 | 34.6022 |
| August | 34.7775 | 33.2261 | 34.1456 |
| September | 34.4778 | 33.3948 | 33.9637 |
| October | 34.7812 | 33.9955 | 34.4941 |
| November | 35.2888 | 34.3227 | 34.9386 |
| December | 35.1956 | 34.1465 | 34.6160 |