YEARLY HIGH
2.9069 UGX
YEARLY LOW
2.5753 UGX
YEARLY AVERAGE
2.7692 UGX

2016 MMK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 2.9069. Conversely, the yearly low was recorded on December 22, dropping to 2.5753.

This high-to-low spread represents a total annual volatility of 0.3315 UGX. From a start-to-finish perspective, comparing the January average rate of 2.6514 to the December average rate of 2.6687, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.9069 was down 14.90% compared to the 2015 peak of 3.4160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,534 UGX
2015 Average 14,643 UGX
Yearly Trough Low 12,877 UGX
Transaction Impact: A difference of 1,657.56 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8889
2.6298
JanuMarcMayJulySeptNove

MMK 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 2.7796, compared to 2.7587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 2.7796
H2 Avg (Jul–Dec) 2.7587

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.1821 UGX (High: 2.7574 / Low: 2.5753). On the other end, May was the most stable month, with a tight range of 0.0483 UGX (High: 2.8805 / Low: 2.8322).

December Spread (Volatile) ±0.1821
May Spread (Stable) ±0.0483

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0752 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 2.8673) against the same month in 2015 (average: 3.0566), the exchange rate shifted by -0.1893 (-6.19%).

2016 Avg (July) 2.8673
2015 Avg (July) 3.0566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6872 2.5798 2.6514
February 2.8186 2.6771 2.7505
March 2.7948 2.6958 2.7637
April 2.8704 2.7687 2.8258
May 2.8805 2.8322 2.8513
June 2.8937 2.8071 2.8349
July 2.9069 2.8377 2.8673
August 2.8560 2.7867 2.8267
September 2.8130 2.6917 2.7515
October 2.7367 2.6764 2.6943
November 2.7662 2.6887 2.7438
December 2.7574 2.5753 2.6687