2018 NPR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NPR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NPR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 36.0452. Conversely, the yearly low was recorded on October 31, dropping to 31.7684.
This high-to-low spread represents a total annual volatility of 4.2769 UGX. From a start-to-finish perspective, comparing the January average rate of 35.7534 to the December average rate of 32.8609, the exchange rate registered a net change of -8.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 36.0452 was up 1.01% compared to the 2017 peak of 35.6848, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NPR to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 35.2221, compared to 33.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1968 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 2.0420 UGX (High: 35.6018 / Low: 33.5598). On the other end, March was the most stable month, with a tight range of 0.4986 UGX (High: 35.4400 / Low: 34.9414).
Growth Streaks & Declines
TrendsBetween October and December, 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 June and July, when the average rate fell by 1.2108 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 35.7534) against the same month in 2017 (average: 33.1985), the exchange rate shifted by +2.5550 (+7.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.0452 | 35.4759 | 35.7534 |
| February | 35.6099 | 34.9488 | 35.3349 |
| March | 35.4400 | 34.9414 | 35.1353 |
| April | 35.5161 | 34.6462 | 35.1865 |
| May | 34.9761 | 34.1436 | 34.5236 |
| June | 35.8938 | 35.0765 | 35.3990 |
| July | 35.6018 | 33.5598 | 34.1882 |
| August | 33.6921 | 33.1578 | 33.5209 |
| September | 33.1852 | 32.6104 | 32.9808 |
| October | 32.8079 | 31.7684 | 32.0859 |
| November | 33.4034 | 31.8230 | 32.5152 |
| December | 33.4135 | 32.0966 | 32.8609 |