2026 NOK to UGX Historical Review

YEARLY HIGH

407.8453 UGX

YEARLY LOW

345.9065 UGX

YEARLY AVERAGE

384.9101 UGX

2026 NOK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the NOK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 407.8453. Conversely, the yearly low was recorded on January 20, dropping to 345.9065.

This high-to-low spread represents a total annual volatility of 61.9387 UGX. From a start-to-finish perspective, comparing the January average rate of 358.9002 to the December average rate of 394.2926, the exchange rate registered a net change of 9.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 407.8453 was up 11.77% compared to the 2025 peak of 364.9123, 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 2,039,226 UGX

2025 Average 1,735,289 UGX

Yearly Trough Low 1,729,533 UGX

Transaction Impact: A difference of 309,693.64 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

411.2201

354.1438

JanuMarcMayJuly

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 383.9267, compared to 387.8602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9335 points.

H1 Avg (Jan–Jun) 383.9267

H2 Avg (Jul–Dec) 387.8602

Volatility Range Comparison

Volatility

The most volatile month in 2026 was June, with a trading range of 38.2795 UGX (High: 407.5696 / Low: 369.2901). On the other end, August was the most stable month, with a tight range of 2.3972 UGX (High: 395.2831 / Low: 392.8859).

June Spread (Volatile) ±38.2795

August Spread (Stable) ±2.3972

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 19.1456 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -19.1456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2026: 406.4637) against the same month in 2025 (average: 355.0192), the exchange rate shifted by +51.4445 (+14.49%).

2026 Avg (May) 406.4637

2025 Avg (May) 355.0192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	373.7827	345.9065	358.9002
February	378.9257	364.0710	372.3016
March	398.0139	378.1494	386.1920
April	401.0511	382.7272	392.3847
May	407.8453	402.3872	406.4637
June	407.5696	369.2901	387.3181
July	393.7149	369.1848	381.4279
August	395.2831	392.8859	394.2926