YEARLY HIGH
0.0304 CVE
YEARLY LOW
0.0283 CVE
YEARLY AVERAGE
0.0292 CVE

2016 UGX to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the UGX to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.0304. Conversely, the yearly low was recorded on February 11, dropping to 0.0283.

This high-to-low spread represents a total annual volatility of 0.0021 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0295 to the December average rate of 0.0291, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0304 was down 15.28% compared to the 2015 peak of 0.0359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152 CVE
2015 Average 154 CVE
Yearly Trough Low 141 CVE
Transaction Impact: A difference of 10.58 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0296
0.0286
JanuMarcMayJulySeptNove

UGX to CVE 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 0.0292, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0292
H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0018 CVE (High: 0.0300 / Low: 0.0283). On the other end, September was the most stable month, with a tight range of 0.0003 CVE (High: 0.0293 / Low: 0.0290).

February Spread (Volatile) ±0.0018
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.0295) against the same month in 2015 (average: 0.0345), the exchange rate shifted by -0.0050 (-14.47%).

2016 Avg (March) 0.0295
2015 Avg (March) 0.0345

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0302 0.0290 0.0295
February 0.0300 0.0283 0.0290
March 0.0304 0.0289 0.0295
April 0.0297 0.0288 0.0291
May 0.0294 0.0288 0.0291
June 0.0295 0.0289 0.0292
July 0.0298 0.0291 0.0295
August 0.0295 0.0289 0.0292
September 0.0293 0.0290 0.0291
October 0.0294 0.0290 0.0291
November 0.0289 0.0284 0.0287
December 0.0299 0.0283 0.0291