2018 MRO to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MRO to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MRO to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 18.2240. Conversely, the yearly low was recorded on February 3, dropping to 10.2042.
This high-to-low spread represents a total annual volatility of 8.0198 UGX. From a start-to-finish perspective, comparing the January average rate of 10.2562 to the December average rate of 10.4035, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 18.2240 was up 76.76% compared to the 2017 peak of 10.3099, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MRO 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 10.4063, compared to 10.6003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1941 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 7.7324 UGX (High: 18.2240 / Low: 10.4916). On the other end, February was the most stable month, with a tight range of 0.0865 UGX (High: 10.2907 / Low: 10.2042).
Growth Streaks & Declines
TrendsBetween February and June, 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 October and November, when the average rate fell by 0.6057 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 11.0740) against the same month in 2017 (average: 10.0787), the exchange rate shifted by +0.9953 (+9.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.3288 | 10.2158 | 10.2562 |
| February | 10.2907 | 10.2042 | 10.2407 |
| March | 10.3823 | 10.2282 | 10.2780 |
| April | 10.4670 | 10.3305 | 10.3979 |
| May | 10.6037 | 10.4132 | 10.4770 |
| June | 10.9836 | 10.5974 | 10.7877 |
| July | 10.9406 | 10.3626 | 10.5497 |
| August | 10.5606 | 10.3517 | 10.4604 |
| September | 10.7157 | 10.5437 | 10.6460 |
| October | 18.2240 | 10.4916 | 11.0740 |
| November | 10.5255 | 10.3846 | 10.4683 |
| December | 10.4755 | 10.3435 | 10.4035 |