YEARLY HIGH
0.4397 UGX
YEARLY LOW
0.2995 UGX
YEARLY AVERAGE
0.3660 UGX

2011 GNF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.4397. Conversely, the yearly low was recorded on February 6, dropping to 0.2995.

This high-to-low spread represents a total annual volatility of 0.1402 UGX. From a start-to-finish perspective, comparing the January average rate of 0.3228 to the December average rate of 0.3539, the exchange rate registered a net change of 9.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4397 was down 3.07% compared to the 2010 peak of 0.4536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GNF based on timing:

Yearly Peak High 2,199 UGX
2010 Average 1,981 UGX
Yearly Trough Low 1,498 UGX
Transaction Impact: A difference of 700.94 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4375
0.3079
JanuMarcMayJulySeptNove

GNF to UGX Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3366, compared to 0.3955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0590 points.

H1 Avg (Jan–Jun) 0.3366
H2 Avg (Jul–Dec) 0.3955

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0500 UGX (High: 0.4320 / Low: 0.3820). On the other end, April was the most stable month, with a tight range of 0.0082 UGX (High: 0.3386 / Low: 0.3303).

October Spread (Volatile) ±0.0500
April Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 0.0347 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.4267) against the same month in 2010 (average: 0.3855), the exchange rate shifted by +0.0412 (+10.68%).

2011 Avg (September) 0.4267
2010 Avg (September) 0.3855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3372 0.3008 0.3228
February 0.3285 0.2995 0.3187
March 0.3442 0.3105 0.3362
April 0.3386 0.3303 0.3360
May 0.3619 0.3306 0.3387
June 0.3992 0.3558 0.3668
July 0.3921 0.3802 0.3873
August 0.4272 0.3907 0.4102
September 0.4397 0.4136 0.4267
October 0.4320 0.3820 0.4149
November 0.3931 0.3626 0.3802
December 0.3754 0.3396 0.3539