YEARLY HIGH
29.2225 UGX
YEARLY LOW
27.4780 UGX
YEARLY AVERAGE
28.1849 UGX

2017 JMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 29.2225. Conversely, the yearly low was recorded on September 18, dropping to 27.4780.

This high-to-low spread represents a total annual volatility of 1.7445 UGX. From a start-to-finish perspective, comparing the January average rate of 28.0681 to the December average rate of 28.9918, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 29.2225 was up 1.04% compared to the 2016 peak of 28.9228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,113 UGX
2016 Average 136,633 UGX
Yearly Trough Low 137,390 UGX
Transaction Impact: A difference of 8,722.58 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

29.1254
27.5222
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 27.9573, compared to 28.4125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4552 points.

H1 Avg (Jan–Jun) 27.9573
H2 Avg (Jul–Dec) 28.4125

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 1.0164 UGX (High: 28.7453 / Low: 27.7289). On the other end, April was the most stable month, with a tight range of 0.3350 UGX (High: 28.3090 / Low: 27.9740).

October Spread (Volatile) ±1.0164
April Spread (Stable) ±0.3350

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.4811 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 28.9918) against the same month in 2016 (average: 27.9343), the exchange rate shifted by +1.0575 (+3.79%).

2017 Avg (December) 28.9918
2016 Avg (December) 27.9343

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.3072 27.8539 28.0681
February 28.0900 27.7058 27.8651
March 28.3840 27.7687 28.0354
April 28.3090 27.9740 28.1205
May 28.1944 27.6502 27.9990
June 27.8639 27.4896 27.6558
July 28.6149 27.7494 28.1518
August 28.4841 27.9622 28.2955
September 28.3263 27.4780 27.8144
October 28.7453 27.7289 28.4090
November 29.0055 28.6063 28.8126
December 29.2225 28.7145 28.9918