YEARLY HIGH
480.9990 UGX
YEARLY LOW
420.9820 UGX
YEARLY AVERAGE
458.1781 UGX

2018 NOK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 480.9990. Conversely, the yearly low was recorded on December 23, dropping to 420.9820.

This high-to-low spread represents a total annual volatility of 60.0170 UGX. From a start-to-finish perspective, comparing the January average rate of 460.4251 to the December average rate of 430.2072, the exchange rate registered a net change of -6.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 480.9990 was up 2.72% compared to the 2017 peak of 468.2528, 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 2,404,995 UGX
2017 Average 2,189,138 UGX
Yearly Trough Low 2,104,910 UGX
Transaction Impact: A difference of 300,084.90 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

476.9761
425.9555
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 466.6210, compared to 449.7353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.8857 points.

H1 Avg (Jan–Jun) 466.6210
H2 Avg (Jul–Dec) 449.7353

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 29.7496 UGX (High: 473.0325 / Low: 443.2829). On the other end, May was the most stable month, with a tight range of 10.4493 UGX (High: 464.7702 / Low: 454.3210).

January Spread (Volatile) ±29.7496
May Spread (Stable) ±10.4493

Growth Streaks & Declines

Trends

Between January and April, 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 16.5393 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -16.5393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 472.7244) against the same month in 2017 (average: 424.3735), the exchange rate shifted by +48.3508 (+11.39%).

2018 Avg (June) 472.7244
2017 Avg (June) 424.3735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 473.0325 443.2829 460.4251
February 474.9253 456.1223 464.5171
March 477.4222 464.7273 470.5721
April 475.8045 463.8118 471.1742
May 464.7702 454.3210 460.3130
June 480.9990 460.8735 472.7244
July 478.2316 452.3817 461.9876
August 452.5683 442.0964 447.1181
September 471.6339 447.2215 460.6208
October 469.1774 446.6217 457.5087
November 450.3690 433.1207 440.9694
December 439.5045 420.9820 430.2072