YEARLY HIGH
11.9543 UGX
YEARLY LOW
9.8014 UGX
YEARLY AVERAGE
10.8844 UGX

2017 NGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 11.9543. Conversely, the yearly low was recorded on August 5, dropping to 9.8014.

This high-to-low spread represents a total annual volatility of 2.1529 UGX. From a start-to-finish perspective, comparing the January average rate of 11.5497 to the December average rate of 10.0826, the exchange rate registered a net change of -12.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.9543 was down 31.63% compared to the 2016 peak of 17.4838, 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 11,954,277 UGX
2016 Average 13,902,056 UGX
Yearly Trough Low 9,801,401 UGX
Transaction Impact: A difference of 2,152,876.62 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.6977
9.9228
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 11.4448, compared to 10.3240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1208 points.

H1 Avg (Jan–Jun) 11.4448
H2 Avg (Jul–Dec) 10.3240

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.6992 UGX (High: 11.5006 / Low: 9.8014). On the other end, December was the most stable month, with a tight range of 0.1430 UGX (High: 10.1296 / Low: 9.9867).

August Spread (Volatile) ±1.6992
December Spread (Stable) ±0.1430

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.2605 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2605

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 11.5497) against the same month in 2016 (average: 17.3064), the exchange rate shifted by -5.7566 (-33.26%).

2017 Avg (January) 11.5497
2016 Avg (January) 17.3064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9543 11.3205 11.5497
February 11.7627 11.2309 11.3808
March 11.8019 11.2981 11.4979
April 11.7991 11.3986 11.5257
May 11.5529 11.0809 11.4317
June 11.4909 10.2193 11.2828
July 11.7537 10.3277 11.4021
August 11.5006 9.8014 10.1416
September 10.2467 9.9445 10.0707
October 10.2323 10.0415 10.1282
November 10.2476 10.0407 10.1188
December 10.1296 9.9867 10.0826