2016 TOP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TOP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TOP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 1619.2196. Conversely, the yearly low was recorded on July 25, dropping to 1471.9877.
This high-to-low spread represents a total annual volatility of 147.2319 UGX. From a start-to-finish perspective, comparing the January average rate of 1527.3825 to the December average rate of 1581.0402, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1619.2196 was down 4.66% compared to the 2015 peak of 1698.4518, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TOP 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 1501.5967, compared to 1533.8861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.2894 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 81.0821 UGX (High: 1619.2196 / Low: 1538.1375). On the other end, April was the most stable month, with a tight range of 20.8533 UGX (High: 1509.2286 / Low: 1488.3753).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 21.2953 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 1581.0402) against the same month in 2015 (average: 1498.5062), the exchange rate shifted by +82.5340 (+5.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1555.5626 | 1512.3564 | 1527.3825 |
| February | 1541.4209 | 1472.6225 | 1506.0872 |
| March | 1508.5266 | 1474.1115 | 1491.9381 |
| April | 1509.2286 | 1488.3753 | 1499.5091 |
| May | 1500.2505 | 1473.9835 | 1485.1615 |
| June | 1536.3230 | 1472.5466 | 1499.5020 |
| July | 1508.6950 | 1471.9877 | 1492.0575 |
| August | 1504.9132 | 1483.4860 | 1493.0234 |
| September | 1514.0589 | 1493.1593 | 1503.3004 |
| October | 1564.8149 | 1501.4628 | 1543.7690 |
| November | 1612.4717 | 1533.7250 | 1590.1260 |
| December | 1619.2196 | 1538.1375 | 1581.0402 |