YEARLY HIGH
0.4627 UGX
YEARLY LOW
0.3689 UGX
YEARLY AVERAGE
0.4116 UGX

2016 GNF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.4627. Conversely, the yearly low was recorded on August 9, dropping to 0.3689.

This high-to-low spread represents a total annual volatility of 0.0938 UGX. From a start-to-finish perspective, comparing the January average rate of 0.4454 to the December average rate of 0.3881, the exchange rate registered a net change of -12.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4627 was down 10.96% compared to the 2015 peak of 0.5197, 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 2,314 UGX
2015 Average 2,202 UGX
Yearly Trough Low 1,844 UGX
Transaction Impact: A difference of 469.04 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4601
0.3641
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 0.4435, compared to 0.3797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0638 points.

H1 Avg (Jan–Jun) 0.4435
H2 Avg (Jul–Dec) 0.3797

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0847 UGX (High: 0.4627 / Low: 0.3780). On the other end, September was the most stable month, with a tight range of 0.0051 UGX (High: 0.3750 / Low: 0.3699).

June Spread (Volatile) ±0.0847
September Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0587 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0587

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.4363) against the same month in 2015 (average: 0.4332), the exchange rate shifted by +0.0031 (+0.70%).

2016 Avg (June) 0.4363
2015 Avg (June) 0.4332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4511 0.4368 0.4454
February 0.4512 0.4364 0.4452
March 0.4451 0.4367 0.4414
April 0.4453 0.4366 0.4407
May 0.4612 0.4396 0.4521
June 0.4627 0.3780 0.4363
July 0.3848 0.3737 0.3776
August 0.3791 0.3689 0.3728
September 0.3750 0.3699 0.3721
October 0.3817 0.3706 0.3776
November 0.4012 0.3813 0.3902
December 0.3965 0.3763 0.3881