2017 SYP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SYP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SYP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 17.1396. Conversely, the yearly low was recorded on August 31, dropping to 6.9575.
This high-to-low spread represents a total annual volatility of 10.1821 UGX. From a start-to-finish perspective, comparing the January average rate of 16.8940 to the December average rate of 7.0438, the exchange rate registered a net change of -58.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 17.1396 was up 0.88% compared to the 2016 peak of 16.9894, 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 2017.
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 16.8433, compared to 9.1470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.6963 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 9.9783 UGX (High: 16.9358 / Low: 6.9575). On the other end, December was the most stable month, with a tight range of 0.0788 UGX (High: 7.0624 / Low: 6.9836).
Growth Streaks & Declines
TrendsBetween February and April, 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 July and August, when the average rate fell by 6.9492 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 16.8940) against the same month in 2016 (average: 15.6600), the exchange rate shifted by +1.2340 (+7.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.1396 | 16.6821 | 16.8940 |
| February | 16.8893 | 16.6200 | 16.7373 |
| March | 16.9705 | 16.6612 | 16.8342 |
| April | 17.0947 | 16.7983 | 16.9411 |
| May | 17.0261 | 16.7638 | 16.9054 |
| June | 16.8910 | 16.6282 | 16.7478 |
| July | 16.9192 | 16.6119 | 16.8228 |
| August | 16.9358 | 6.9575 | 9.8736 |
| September | 7.0632 | 6.9682 | 7.0135 |
| October | 7.1164 | 7.0047 | 7.0648 |
| November | 7.1162 | 7.0237 | 7.0635 |
| December | 7.0624 | 6.9836 | 7.0438 |