YEARLY HIGH
17.4838 UGX
YEARLY LOW
9.6791 UGX
YEARLY AVERAGE
13.9165 UGX

2016 NGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 17.4838. Conversely, the yearly low was recorded on August 22, dropping to 9.6791.

This high-to-low spread represents a total annual volatility of 7.8047 UGX. From a start-to-finish perspective, comparing the January average rate of 17.3064 to the December average rate of 11.4372, the exchange rate registered a net change of -33.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 17.4838 was down 5.81% compared to the 2015 peak of 18.5618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 17,483,844 UGX
2015 Average 16,360,977 UGX
Yearly Trough Low 9,679,119 UGX
Transaction Impact: A difference of 7,804,725.19 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17.9902
9.7841
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 16.7351, compared to 11.0979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6372 points.

H1 Avg (Jan–Jun) 16.7351
H2 Avg (Jul–Dec) 11.0979

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 5.0263 UGX (High: 16.9188 / Low: 11.8925). On the other end, September was the most stable month, with a tight range of 0.1532 UGX (High: 10.8860 / Low: 10.7328).

June Spread (Volatile) ±5.0263
September Spread (Stable) ±0.1532

Growth Streaks & Declines

Trends

Between August and December, 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 3.8194 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.8194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 17.3064) against the same month in 2015 (average: 15.3348), the exchange rate shifted by +1.9716 (+12.86%).

2016 Avg (January) 17.3064
2015 Avg (January) 15.3348

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.4838 16.9550 17.3064
February 17.4746 16.8548 17.2287
March 16.9680 16.7998 16.8945
April 16.9364 16.6209 16.7903
May 17.0077 16.6598 16.7986
June 16.9188 11.8925 15.3920
July 12.0471 10.5530 11.5726
August 10.8181 9.6791 10.4679
September 10.8860 10.7328 10.8024
October 11.0369 10.7685 10.9611
November 11.5468 11.0666 11.3464
December 11.8288 11.2076 11.4372