2018 MVR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 253.7697. Conversely, the yearly low was recorded on February 17, dropping to 235.1583.
This high-to-low spread represents a total annual volatility of 18.6114 UGX. From a start-to-finish perspective, comparing the January average rate of 236.2960 to the December average rate of 240.3180, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 253.7697 was down 0.37% compared to the 2017 peak of 254.7030, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MVR 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 239.5262, compared to 243.1134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5872 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 15.2900 UGX (High: 253.2650 / Low: 237.9751). On the other end, February was the most stable month, with a tight range of 1.8079 UGX (High: 236.9662 / Low: 235.1583).
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 June and July, when the average rate fell by 4.9897 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 248.4785) against the same month in 2017 (average: 230.6723), the exchange rate shifted by +17.8061 (+7.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 237.6571 | 235.5265 | 236.2960 |
| February | 236.9662 | 235.1583 | 235.7764 |
| March | 239.6669 | 235.5259 | 236.6099 |
| April | 240.5142 | 237.2015 | 239.5972 |
| May | 243.3891 | 238.4272 | 240.3990 |
| June | 253.7697 | 243.3971 | 248.4785 |
| July | 253.2650 | 237.9751 | 243.4888 |
| August | 243.8629 | 239.1431 | 241.6612 |
| September | 248.4448 | 243.4739 | 246.5447 |
| October | 248.1914 | 242.2712 | 244.8466 |
| November | 243.2102 | 239.7989 | 241.8210 |
| December | 242.0556 | 238.8515 | 240.3180 |