2017 MAD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MAD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MAD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 389.1809. Conversely, the yearly low was recorded on February 22, dropping to 352.5721.
This high-to-low spread represents a total annual volatility of 36.6088 UGX. From a start-to-finish perspective, comparing the January average rate of 359.3332 to the December average rate of 385.0000, the exchange rate registered a net change of 7.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 389.1809 was up 7.13% compared to the 2016 peak of 363.2823, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MAD 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 362.3951, compared to 383.3151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9199 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 12.9894 UGX (High: 383.9135 / Low: 370.9241). On the other end, November was the most stable month, with a tight range of 6.3207 UGX (High: 388.0115 / Low: 381.6908).
Growth Streaks & Declines
TrendsBetween February and May, 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 January and February, when the average rate fell by 2.7860 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 385.6488) against the same month in 2016 (average: 347.8013), the exchange rate shifted by +37.8475 (+10.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 362.2850 | 355.6839 | 359.3332 |
| February | 362.7724 | 352.5721 | 356.5472 |
| March | 364.1749 | 354.6625 | 359.5794 |
| April | 368.9816 | 358.4744 | 362.0656 |
| May | 372.7023 | 365.8964 | 368.5855 |
| June | 372.3700 | 364.8293 | 368.2598 |
| July | 383.9135 | 370.9241 | 376.4907 |
| August | 388.7918 | 378.8491 | 382.8454 |
| September | 389.1809 | 380.2351 | 385.6488 |
| October | 388.5322 | 381.0170 | 385.0909 |
| November | 388.0115 | 381.6908 | 384.8146 |
| December | 388.8161 | 380.6351 | 385.0000 |