2016 NZD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NZD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NZD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2599.5993. Conversely, the yearly low was recorded on March 15, dropping to 2217.8595.
This high-to-low spread represents a total annual volatility of 381.7398 UGX. From a start-to-finish perspective, comparing the January average rate of 2254.7853 to the December average rate of 2529.8483, the exchange rate registered a net change of 12.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 2599.5993 was up 3.51% compared to the 2015 peak of 2511.4086, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NZD 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 2290.5501, compared to 2474.6050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 184.0549 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 147.0837 UGX (High: 2599.5993 / Low: 2452.5156). On the other end, August was the most stable month, with a tight range of 61.7710 UGX (High: 2464.6665 / Low: 2402.8955).
Growth Streaks & Declines
TrendsBetween May and September, 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 April and May, when the average rate fell by 29.9740 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 2529.8483) against the same month in 2015 (average: 2270.4646), the exchange rate shifted by +259.3837 (+11.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2314.4068 | 2222.6072 | 2254.7853 |
| February | 2327.2172 | 2223.2278 | 2274.7649 |
| March | 2332.3715 | 2217.8595 | 2268.1910 |
| April | 2350.5331 | 2267.9718 | 2302.3384 |
| May | 2330.8402 | 2248.7911 | 2272.3644 |
| June | 2435.6287 | 2290.3224 | 2370.8569 |
| July | 2472.9367 | 2345.4153 | 2412.9187 |
| August | 2464.6665 | 2402.8955 | 2436.4087 |
| September | 2520.1910 | 2447.5280 | 2469.6260 |
| October | 2496.7085 | 2408.4937 | 2456.2725 |
| November | 2587.0365 | 2497.1913 | 2542.5561 |
| December | 2599.5993 | 2452.5156 | 2529.8483 |