YEARLY HIGH
2.8262 UGX
YEARLY LOW
2.3251 UGX
YEARLY AVERAGE
2.5963 UGX

2018 MMK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 2.8262. Conversely, the yearly low was recorded on November 1, dropping to 2.3251.

This high-to-low spread represents a total annual volatility of 0.5011 UGX. From a start-to-finish perspective, comparing the January average rate of 2.7058 to the December average rate of 2.3712, the exchange rate registered a net change of -12.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.8262 was up 4.71% compared to the 2017 peak of 2.6991, 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 14,131 UGX
2017 Average 13,284 UGX
Yearly Trough Low 11,626 UGX
Transaction Impact: A difference of 2,505.43 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8423
2.2929
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 2.7500, compared to 2.4426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3074 points.

H1 Avg (Jan–Jun) 2.7500
H2 Avg (Jul–Dec) 2.4426

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.2310 UGX (High: 2.7658 / Low: 2.5348). On the other end, February was the most stable month, with a tight range of 0.0254 UGX (High: 2.7486 / Low: 2.7232).

July Spread (Volatile) ±0.2310
February Spread (Stable) ±0.0254

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.1676 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 2.7965) against the same month in 2017 (average: 2.6359), the exchange rate shifted by +0.1606 (+6.09%).

2018 Avg (June) 2.7965
2017 Avg (June) 2.6359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7268 2.6876 2.7058
February 2.7486 2.7232 2.7304
March 2.7626 2.7195 2.7339
April 2.7959 2.7539 2.7734
May 2.7883 2.7472 2.7600
June 2.8262 2.7496 2.7965
July 2.7658 2.5348 2.6289
August 2.5322 2.4292 2.4890
September 2.4793 2.3489 2.4252
October 2.5089 2.3385 2.4027
November 2.3743 2.3251 2.3387
December 2.4177 2.3362 2.3712