2025 TOP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2025.
2025 TOP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2025
During 2025, the TOP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 1544.2309. Conversely, the yearly low was recorded on October 11, dropping to 1417.3488.
This high-to-low spread represents a total annual volatility of 126.8821 UGX. From a start-to-finish perspective, comparing the January average rate of 1518.2639 to the December average rate of 1484.2728, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2025 high of 1544.2309 was down 7.78% compared to the 2024 peak of 1674.5052, 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 2025.
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 1517.6890, compared to 1471.5855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 46.1035 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2025 was November, with a trading range of 76.6971 UGX (High: 1519.2962 / Low: 1442.5991). On the other end, July was the most stable month, with a tight range of 7.2049 UGX (High: 1493.2266 / Low: 1486.0218).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 21.7951 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2025: 1523.0493) against the same month in 2024 (average: 1602.1111), the exchange rate shifted by -79.0618 (-4.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1542.9214 | 1503.8811 | 1518.2639 |
| February | 1535.7838 | 1504.0484 | 1525.2727 |
| March | 1529.7272 | 1504.5066 | 1522.4553 |
| April | 1544.2309 | 1513.3718 | 1523.0493 |
| May | 1523.6648 | 1508.9749 | 1518.6234 |
| June | 1513.2853 | 1488.9486 | 1498.4694 |
| July | 1493.2266 | 1486.0218 | 1489.1458 |
| August | 1488.3711 | 1463.7087 | 1478.6998 |
| September | 1472.0940 | 1446.6903 | 1456.9047 |
| October | 1455.4596 | 1417.3488 | 1439.3132 |
| November | 1519.2962 | 1442.5991 | 1481.1769 |
| December | 1504.7510 | 1468.6936 | 1484.2728 |