2018 MZN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MZN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MZN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 65.9821. Conversely, the yearly low was recorded on March 19, dropping to 58.7099.
This high-to-low spread represents a total annual volatility of 7.2722 UGX. From a start-to-finish perspective, comparing the January average rate of 61.6110 to the December average rate of 60.8846, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 65.9821 was up 6.93% compared to the 2017 peak of 61.7069, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MZN 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 61.2803, compared to 62.4509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1707 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 2.8998 UGX (High: 65.4342 / Low: 62.5344). On the other end, September was the most stable month, with a tight range of 0.5306 UGX (High: 63.2136 / Low: 62.6831).
Growth Streaks & Declines
TrendsBetween March and June, 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 January and February, when the average rate fell by 1.8777 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 64.4142) against the same month in 2017 (average: 57.6699), the exchange rate shifted by +6.7443 (+11.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62.1472 | 60.2961 | 61.6110 |
| February | 60.2482 | 59.4692 | 59.7332 |
| March | 60.5118 | 58.7099 | 59.0779 |
| April | 62.2145 | 60.0745 | 60.9208 |
| May | 63.1490 | 61.4289 | 61.9245 |
| June | 65.9821 | 63.1651 | 64.4142 |
| July | 65.4342 | 62.5344 | 63.6621 |
| August | 64.7448 | 62.5736 | 63.5356 |
| September | 63.2136 | 62.6831 | 62.8699 |
| October | 63.2245 | 61.7826 | 62.3529 |
| November | 61.8387 | 60.7915 | 61.4005 |
| December | 61.8237 | 59.9622 | 60.8846 |