2017 SHP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SHP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SHP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 4912.9063. Conversely, the yearly low was recorded on March 10, dropping to 4356.8765.
This high-to-low spread represents a total annual volatility of 556.0298 UGX. From a start-to-finish perspective, comparing the January average rate of 4464.4167 to the December average rate of 4862.7358, the exchange rate registered a net change of 8.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 4912.9063 was down 2.84% compared to the 2016 peak of 5056.6442, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SHP 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 4543.4021, compared to 4776.7914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 233.3893 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 267.8138 UGX (High: 4745.6723 / Low: 4477.8585). On the other end, December was the most stable month, with a tight range of 90.4716 UGX (High: 4912.9063 / Low: 4822.4347).
Growth Streaks & Declines
TrendsBetween March and May, 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 88.1226 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 4862.7358) against the same month in 2016 (average: 4492.8054), the exchange rate shifted by +369.9304 (+8.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4581.6638 | 4363.0364 | 4464.4167 |
| February | 4554.7893 | 4440.6631 | 4476.5966 |
| March | 4548.2655 | 4356.8765 | 4453.3249 |
| April | 4745.6723 | 4477.8585 | 4589.6662 |
| May | 4715.7377 | 4604.6581 | 4682.2655 |
| June | 4674.3972 | 4538.7081 | 4594.1429 |
| July | 4782.7433 | 4616.3500 | 4692.7863 |
| August | 4793.1373 | 4597.8365 | 4682.5337 |
| September | 4907.2809 | 4679.2175 | 4810.3701 |
| October | 4865.8860 | 4713.1806 | 4802.5872 |
| November | 4906.2217 | 4758.4919 | 4809.7355 |
| December | 4912.9063 | 4822.4347 | 4862.7358 |