2016 QAR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 QAR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the QAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 997.2060. Conversely, the yearly low was recorded on April 24, dropping to 908.4274.
This high-to-low spread represents a total annual volatility of 88.7785 UGX. From a start-to-finish perspective, comparing the January average rate of 946.1037 to the December average rate of 988.8595, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 997.2060 was down 1.66% compared to the 2015 peak of 1014.0096, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
QAR 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 928.5466, compared to 948.5595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.0129 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 45.1315 UGX (High: 996.3851 / Low: 951.2536). On the other end, August was the most stable month, with a tight range of 3.8086 UGX (High: 928.4371 / Low: 924.6285).
Growth Streaks & Declines
TrendsBetween August and December, 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 February and March, when the average rate fell by 18.3017 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 988.8595) against the same month in 2015 (average: 923.0324), the exchange rate shifted by +65.8270 (+7.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 955.9567 | 927.3761 | 946.1037 |
| February | 955.1722 | 921.1703 | 941.3472 |
| March | 927.3010 | 916.9476 | 923.0456 |
| April | 925.7223 | 908.4274 | 917.8603 |
| May | 929.9214 | 911.0445 | 918.5562 |
| June | 937.1745 | 918.9753 | 924.3664 |
| July | 933.5674 | 924.2247 | 928.0355 |
| August | 928.4371 | 924.6285 | 926.1522 |
| September | 929.9130 | 925.3442 | 928.5196 |
| October | 950.6337 | 927.7359 | 942.0132 |
| November | 996.3851 | 951.2536 | 977.7768 |
| December | 997.2060 | 975.7073 | 988.8595 |