YEARLY HIGH
2.6991 UGX
YEARLY LOW
2.5999 UGX
YEARLY AVERAGE
2.6565 UGX

2017 MMK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 2.6991. Conversely, the yearly low was recorded on February 11, dropping to 2.5999.

This high-to-low spread represents a total annual volatility of 0.0992 UGX. From a start-to-finish perspective, comparing the January average rate of 2.6645 to the December average rate of 2.6706, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6991 was down 7.15% compared to the 2016 peak of 2.9069, 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 13,495 UGX
2016 Average 13,845 UGX
Yearly Trough Low 12,999 UGX
Transaction Impact: A difference of 496.13 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6913
2.6151
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 2.6485, compared to 2.6645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 2.6485
H2 Avg (Jul–Dec) 2.6645

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0749 UGX (High: 2.6748 / Low: 2.5999). On the other end, December was the most stable month, with a tight range of 0.0342 UGX (High: 2.6891 / Low: 2.6549).

February Spread (Volatile) ±0.0749
December Spread (Stable) ±0.0342

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0431 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 2.6719) against the same month in 2016 (average: 2.6943), the exchange rate shifted by -0.0224 (-0.83%).

2017 Avg (October) 2.6719
2016 Avg (October) 2.6943

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6943 2.6331 2.6645
February 2.6748 2.5999 2.6214
March 2.6754 2.6181 2.6408
April 2.6921 2.6510 2.6695
May 2.6953 2.6273 2.6586
June 2.6699 2.6103 2.6359
July 2.6827 2.6198 2.6478
August 2.6787 2.6320 2.6576
September 2.6792 2.6258 2.6540
October 2.6991 2.6467 2.6719
November 2.6976 2.6552 2.6849
December 2.6891 2.6549 2.6706