2017 NZD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NZD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NZD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 2720.7155. Conversely, the yearly low was recorded on December 8, dropping to 2465.3008.
This high-to-low spread represents a total annual volatility of 255.4147 UGX. From a start-to-finish perspective, comparing the January average rate of 2574.9812 to the December average rate of 2527.4295, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 2720.7155 was up 4.66% compared to the 2016 peak of 2599.5993, 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 2017.
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 2555.7512, compared to 2585.6043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.8532 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 136.7767 UGX (High: 2645.5623 / Low: 2508.7856). On the other end, April was the most stable month, with a tight range of 44.5884 UGX (High: 2554.0708 / Low: 2509.4824).
Growth Streaks & Declines
TrendsBetween May and July, 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 February and March, when the average rate fell by 63.0207 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 2658.2434) against the same month in 2016 (average: 2412.9187), the exchange rate shifted by +245.3247 (+10.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2645.5623 | 2508.7856 | 2574.9812 |
| February | 2637.2590 | 2560.6440 | 2589.9442 |
| March | 2555.2074 | 2475.4080 | 2526.9235 |
| April | 2554.0708 | 2509.4824 | 2532.0384 |
| May | 2559.4776 | 2484.1327 | 2517.0191 |
| June | 2631.9785 | 2554.5020 | 2593.6005 |
| July | 2720.7155 | 2614.9333 | 2658.2434 |
| August | 2694.0223 | 2572.3069 | 2640.8049 |
| September | 2667.6059 | 2587.3529 | 2618.7316 |
| October | 2621.7086 | 2494.0392 | 2563.4412 |
| November | 2531.6040 | 2472.3801 | 2504.9753 |
| December | 2581.3545 | 2465.3008 | 2527.4295 |