YEARLY HIGH
30.0866 UGX
YEARLY LOW
27.2995 UGX
YEARLY AVERAGE
28.9316 UGX

2018 JMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 30.0866. Conversely, the yearly low was recorded on August 9, dropping to 27.2995.

This high-to-low spread represents a total annual volatility of 2.7871 UGX. From a start-to-finish perspective, comparing the January average rate of 29.3066 to the December average rate of 29.0510, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 30.0866 was up 2.96% compared to the 2017 peak of 29.2225, 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 150,433 UGX
2017 Average 140,942 UGX
Yearly Trough Low 136,498 UGX
Transaction Impact: A difference of 13,935.39 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

29.8964
27.2955
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 29.3148, compared to 28.5484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7664 points.

H1 Avg (Jan–Jun) 29.3148
H2 Avg (Jul–Dec) 28.5484

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 2.3277 UGX (High: 30.0866 / Low: 27.7590). On the other end, May was the most stable month, with a tight range of 0.3553 UGX (High: 29.8771 / Low: 29.5218).

July Spread (Volatile) ±2.3277
May Spread (Stable) ±0.3553

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 1.1767 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 28.6890) against the same month in 2017 (average: 28.1518), the exchange rate shifted by +0.5372 (+1.91%).

2018 Avg (July) 28.6890
2017 Avg (July) 28.1518

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.5512 29.1581 29.3066
February 29.1946 28.6855 28.9515
March 29.3368 28.4492 28.7369
April 29.8099 29.2777 29.6225
May 29.8771 29.5218 29.6797
June 29.9269 29.3288 29.5914
July 30.0866 27.7590 28.6890
August 27.7701 27.2995 27.5122
September 28.4317 27.3895 27.9097
October 29.3109 27.9358 28.5926
November 29.8012 29.1608 29.5358
December 29.5074 28.7446 29.0510