2018 TOP to UGX Historical Review

YEARLY HIGH

1706.2711 UGX

YEARLY LOW

1592.9331 UGX

YEARLY AVERAGE

1639.8092 UGX

2018 TOP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 1706.2711. Conversely, the yearly low was recorded on July 31, dropping to 1592.9331.

This high-to-low spread represents a total annual volatility of 113.3380 UGX. From a start-to-finish perspective, comparing the January average rate of 1619.8432 to the December average rate of 1630.9897, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1706.2711 was up 2.84% compared to the 2017 peak of 1659.2165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,531,356 UGX

2017 Average 7,983,333 UGX

Yearly Trough Low 7,964,666 UGX

Transaction Impact: A difference of 566,689.94 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1686.1563

1607.9783

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1649.2472, compared to 1630.3713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.8759 points.

H1 Avg (Jan–Jun) 1649.2472

H2 Avg (Jul–Dec) 1630.3713

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 88.8974 UGX (High: 1681.8305 / Low: 1592.9331). On the other end, November was the most stable month, with a tight range of 17.4653 UGX (High: 1635.6332 / Low: 1618.1678).

July Spread (Volatile) ±88.8974

November Spread (Stable) ±17.4653

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 56.9275 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -56.9275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 1679.6414) against the same month in 2017 (average: 1577.9362), the exchange rate shifted by +101.7052 (+6.45%).

2018 Avg (June) 1679.6414

2017 Avg (June) 1577.9362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1642.3452	1602.2184	1619.8432
February	1659.6185	1628.1815	1643.7362
March	1657.3193	1630.6360	1644.1272
April	1679.0140	1647.5718	1662.3014
May	1676.4359	1617.2604	1645.8336
June	1706.2711	1650.2227	1679.6414
July	1681.8305	1592.9331	1622.7139
August	1631.7066	1594.9553	1614.4931
September	1656.4987	1629.1033	1645.6846
October	1660.8506	1625.5096	1639.3010
November	1635.6332	1618.1678	1629.0454
December	1641.8955	1609.9947	1630.9897