2014 JMD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 JMD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the JMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 24.5171. Conversely, the yearly low was recorded on May 25, dropping to 22.7839.
This high-to-low spread represents a total annual volatility of 1.7331 UGX. From a start-to-finish perspective, comparing the January average rate of 23.5066 to the December average rate of 24.2748, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 24.5171 was down 16.68% compared to the 2013 peak of 29.4262, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
JMD 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 23.1449, compared to 23.6926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5477 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 0.7671 UGX (High: 23.8485 / Low: 23.0815). On the other end, May was the most stable month, with a tight range of 0.2319 UGX (High: 23.0159 / Low: 22.7839).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5444 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 24.2178) against the same month in 2013 (average: 24.3241), the exchange rate shifted by -0.1063 (-0.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.8485 | 23.0815 | 23.5066 |
| February | 23.4044 | 22.7914 | 22.9622 |
| March | 23.5083 | 23.1268 | 23.2964 |
| April | 23.4385 | 22.8698 | 23.0606 |
| May | 23.0159 | 22.7839 | 22.8938 |
| June | 23.4096 | 22.9273 | 23.1497 |
| July | 23.6757 | 23.2028 | 23.4234 |
| August | 23.3107 | 22.9996 | 23.1908 |
| September | 23.5890 | 23.0165 | 23.2553 |
| October | 24.1001 | 23.4769 | 23.7936 |
| November | 24.5171 | 23.8329 | 24.2178 |
| December | 24.4604 | 24.1031 | 24.2748 |