2018 ISK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ISK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ISK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 37.5458. Conversely, the yearly low was recorded on November 27, dropping to 29.7619.
This high-to-low spread represents a total annual volatility of 7.7839 UGX. From a start-to-finish perspective, comparing the January average rate of 35.4358 to the December average rate of 30.8397, the exchange rate registered a net change of -12.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 37.5458 was up 1.53% compared to the 2017 peak of 36.9806, 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 2018.
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 36.1950, compared to 32.9831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2119 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 3.2308 UGX (High: 34.1882 / Low: 30.9575). On the other end, February was the most stable month, with a tight range of 0.9010 UGX (High: 36.4430 / Low: 35.5421).
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 September and October, when the average rate fell by 2.1504 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 37.1061) against the same month in 2017 (average: 32.9210), the exchange rate shifted by +4.1850 (+12.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.2015 | 34.7082 | 35.4358 |
| February | 36.4430 | 35.5421 | 36.0505 |
| March | 37.4623 | 36.1405 | 36.7470 |
| April | 37.5458 | 36.6064 | 37.1061 |
| May | 36.5471 | 35.1800 | 35.8862 |
| June | 36.7715 | 35.3777 | 35.9443 |
| July | 36.9005 | 34.5129 | 35.2818 |
| August | 35.3437 | 33.9742 | 34.6544 |
| September | 35.0302 | 33.4163 | 34.4346 |
| October | 34.1882 | 30.9575 | 32.2842 |
| November | 31.1323 | 29.7619 | 30.4038 |
| December | 31.9470 | 29.9447 | 30.8397 |