2015 NGN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NGN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 18.5618. Conversely, the yearly low was recorded on February 14, dropping to 14.0613.
This high-to-low spread represents a total annual volatility of 4.5005 UGX. From a start-to-finish perspective, comparing the January average rate of 15.3348 to the December average rate of 16.8936, the exchange rate registered a net change of 10.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 18.5618 was up 13.02% compared to the 2014 peak of 16.4233, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
NGN 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 15.1249, compared to 17.5734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4485 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was July, with a trading range of 1.3541 UGX (High: 17.7530 / Low: 16.3988). On the other end, September was the most stable month, with a tight range of 0.1601 UGX (High: 18.5065 / Low: 18.3464).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0816 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2015: 18.2892) against the same month in 2014 (average: 16.2434), the exchange rate shifted by +2.0458 (+12.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.8548 | 14.8680 | 15.3348 |
| February | 15.1489 | 14.0613 | 14.4845 |
| March | 15.1611 | 14.2681 | 14.7614 |
| April | 15.1056 | 14.9418 | 15.0421 |
| May | 15.3567 | 15.0301 | 15.1103 |
| June | 16.5765 | 15.4066 | 16.0161 |
| July | 17.7530 | 16.3988 | 16.8344 |
| August | 18.3498 | 17.2227 | 17.8074 |
| September | 18.5065 | 18.3464 | 18.4084 |
| October | 18.5618 | 17.7569 | 18.2892 |
| November | 17.8520 | 16.8443 | 17.2076 |
| December | 17.3592 | 16.6109 | 16.8936 |