YEARLY HIGH
468.2528 UGX
YEARLY LOW
415.1397 UGX
YEARLY AVERAGE
437.7737 UGX

2017 NOK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 468.2528. Conversely, the yearly low was recorded on April 22, dropping to 415.1397.

This high-to-low spread represents a total annual volatility of 53.1132 UGX. From a start-to-finish perspective, comparing the January average rate of 427.2116 to the December average rate of 436.4660, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 468.2528 was up 8.09% compared to the 2016 peak of 433.2043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 2,341,264 UGX
2016 Average 2,035,013 UGX
Yearly Trough Low 2,075,698 UGX
Transaction Impact: A difference of 265,565.85 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

465.1040
418.6060
JanuMarcMayJulySeptNove

NOK 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 425.8982, compared to 449.6492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.7511 points.

H1 Avg (Jan–Jun) 425.8982
H2 Avg (Jul–Dec) 449.6492

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 32.3080 UGX (High: 459.9091 / Low: 427.6011). On the other end, June was the most stable month, with a tight range of 9.5907 UGX (High: 429.8874 / Low: 420.2967).

July Spread (Volatile) ±32.3080
June Spread (Stable) ±9.5907

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 10.3494 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.3494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 461.2292) against the same month in 2016 (average: 411.5860), the exchange rate shifted by +49.6432 (+12.06%).

2017 Avg (September) 461.2292
2016 Avg (September) 411.5860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 436.9109 418.8511 427.2116
February 438.7802 426.0131 430.7049
March 429.2732 416.6439 424.2494
April 426.8792 415.1397 422.4808
May 434.7198 417.8793 426.3686
June 429.8874 420.2967 424.3735
July 459.9091 427.6011 442.5184
August 467.9633 450.8322 458.1948
September 468.2528 452.6653 461.2292
October 461.6202 445.5239 454.9183
November 448.4554 435.8297 444.5689
December 442.8864 430.9621 436.4660