2016 SYP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SYP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SYP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 16.9894. Conversely, the yearly low was recorded on April 24, dropping to 15.0716.
This high-to-low spread represents a total annual volatility of 1.9178 UGX. From a start-to-finish perspective, comparing the January average rate of 15.6600 to the December average rate of 16.8619, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 16.9894 was down 13.15% compared to the 2015 peak of 19.5621, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SYP 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 15.3975, compared to 16.1089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7114 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.7856 UGX (High: 16.9707 / Low: 16.1850). On the other end, August was the most stable month, with a tight range of 0.0939 UGX (High: 15.7461 / Low: 15.6522).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2973 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 16.8619) against the same month in 2015 (average: 15.2329), the exchange rate shifted by +1.6289 (+10.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.8277 | 15.3384 | 15.6600 |
| February | 15.8181 | 15.2598 | 15.5945 |
| March | 15.3704 | 15.1950 | 15.2972 |
| April | 15.3500 | 15.0716 | 15.2231 |
| May | 15.4367 | 15.1067 | 15.2404 |
| June | 15.7328 | 15.2694 | 15.3700 |
| July | 15.7071 | 15.5844 | 15.6450 |
| August | 15.7461 | 15.6522 | 15.6893 |
| September | 15.8352 | 15.7050 | 15.7812 |
| October | 16.1778 | 15.7882 | 16.0294 |
| November | 16.9707 | 16.1850 | 16.6466 |
| December | 16.9894 | 16.6564 | 16.8619 |