2018 RSD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 RSD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the RSD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 38.7098. Conversely, the yearly low was recorded on December 15, dropping to 35.2501.
This high-to-low spread represents a total annual volatility of 3.4597 UGX. From a start-to-finish perspective, comparing the January average rate of 37.4413 to the December average rate of 35.7270, the exchange rate registered a net change of -4.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 38.7098 was up 4.92% compared to the 2017 peak of 36.8962, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
RSD 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 37.8649, compared to 36.5690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2959 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 2.0642 UGX (High: 38.6188 / Low: 36.5547). On the other end, March was the most stable month, with a tight range of 0.7175 UGX (High: 38.4590 / Low: 37.7415).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.0990 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 38.3885) against the same month in 2017 (average: 31.4684), the exchange rate shifted by +6.9201 (+21.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.0614 | 36.6580 | 37.4413 |
| February | 38.4619 | 37.5541 | 37.9805 |
| March | 38.4590 | 37.7415 | 38.1382 |
| April | 38.7098 | 37.9770 | 38.3885 |
| May | 38.0532 | 36.8066 | 37.2894 |
| June | 38.5436 | 37.2312 | 37.9518 |
| July | 38.6188 | 36.5547 | 37.2132 |
| August | 37.3215 | 35.8722 | 36.4535 |
| September | 38.1175 | 36.9091 | 37.4532 |
| October | 37.4058 | 36.0311 | 36.6523 |
| November | 36.3196 | 35.5831 | 35.9148 |
| December | 35.9841 | 35.2501 | 35.7270 |