2017 PGK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1152.4660. Conversely, the yearly low was recorded on June 14, dropping to 1089.8660.
This high-to-low spread represents a total annual volatility of 62.6001 UGX. From a start-to-finish perspective, comparing the January average rate of 1138.2786 to the December average rate of 1127.5811, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 1152.4660 was down 0.18% compared to the 2016 peak of 1154.4937, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PGK 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 1134.2459, compared to 1133.2131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0328 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 51.3156 UGX (High: 1152.1318 / Low: 1100.8161). On the other end, December was the most stable month, with a tight range of 7.9041 UGX (High: 1131.4022 / Low: 1123.4981).
Growth Streaks & Declines
TrendsBetween June and August, 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 May and June, when the average rate fell by 12.8223 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 1138.0524) against the same month in 2016 (average: 1097.1866), the exchange rate shifted by +40.8658 (+3.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1147.6849 | 1123.1780 | 1138.2786 |
| February | 1142.0889 | 1126.5020 | 1134.6794 |
| March | 1152.4660 | 1125.5175 | 1138.0524 |
| April | 1147.2487 | 1100.1824 | 1128.9210 |
| May | 1147.2906 | 1106.4455 | 1139.1832 |
| June | 1139.5049 | 1089.8660 | 1126.3610 |
| July | 1152.1318 | 1100.8161 | 1135.7335 |
| August | 1147.6743 | 1114.5988 | 1136.2219 |
| September | 1134.0598 | 1110.2291 | 1128.1244 |
| October | 1149.9964 | 1130.0888 | 1137.4401 |
| November | 1139.6159 | 1128.2570 | 1134.1779 |
| December | 1131.4022 | 1123.4981 | 1127.5811 |