2018 SYP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SYP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SYP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 7.5911. Conversely, the yearly low was recorded on January 31, dropping to 7.0456.
This high-to-low spread represents a total annual volatility of 0.5455 UGX. From a start-to-finish perspective, comparing the January average rate of 7.0668 to the December average rate of 7.2116, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 7.5911 was down 55.71% compared to the 2017 peak of 17.1396, 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 2018.
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 7.1833, compared to 7.2873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1040 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 0.4105 UGX (High: 7.5640 / Low: 7.1535). On the other end, January was the most stable month, with a tight range of 0.0603 UGX (High: 7.1059 / Low: 7.0456).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1591 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 7.4525) against the same month in 2017 (average: 16.7478), the exchange rate shifted by -9.2953 (-55.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.1059 | 7.0456 | 7.0668 |
| February | 7.1137 | 7.0457 | 7.0671 |
| March | 7.1669 | 7.0705 | 7.0982 |
| April | 7.2157 | 7.1412 | 7.1779 |
| May | 7.3301 | 7.1970 | 7.2373 |
| June | 7.5911 | 7.3258 | 7.4525 |
| July | 7.5640 | 7.1535 | 7.2934 |
| August | 7.3205 | 7.1559 | 7.2430 |
| September | 7.4317 | 7.3014 | 7.3827 |
| October | 7.4268 | 7.2675 | 7.3365 |
| November | 7.2962 | 7.1975 | 7.2568 |
| December | 7.2662 | 7.1680 | 7.2116 |