2018 KES to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 KES to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the KES to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 38.8031. Conversely, the yearly low was recorded on January 3, dropping to 35.1137.
This high-to-low spread represents a total annual volatility of 3.6894 UGX. From a start-to-finish perspective, comparing the January average rate of 35.3811 to the December average rate of 36.3432, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 38.8031 was up 9.29% compared to the 2017 peak of 35.5055, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KES based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
KES 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 36.5299, compared to 37.0548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5249 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 1.9664 UGX (High: 38.6575 / Low: 36.6910). On the other end, May was the most stable month, with a tight range of 0.3810 UGX (High: 37.3131 / Low: 36.9321).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8506 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 37.9955) against the same month in 2017 (average: 34.6963), the exchange rate shifted by +3.2992 (+9.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.5525 | 35.1137 | 35.3811 |
| February | 36.1273 | 35.6189 | 35.8896 |
| March | 36.6346 | 35.9449 | 36.1367 |
| April | 37.0506 | 36.3809 | 36.7430 |
| May | 37.3131 | 36.9321 | 37.0335 |
| June | 38.8031 | 37.2080 | 37.9955 |
| July | 38.6575 | 36.6910 | 37.3194 |
| August | 37.4243 | 36.6432 | 37.0516 |
| September | 37.9681 | 37.3868 | 37.7046 |
| October | 37.8490 | 36.9003 | 37.3803 |
| November | 36.9746 | 36.1088 | 36.5297 |
| December | 36.5153 | 36.0352 | 36.3432 |