YEARLY HIGH
0.0294 CVE
YEARLY LOW
0.0254 CVE
YEARLY AVERAGE
0.0271 CVE

2017 UGX to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the UGX to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.0294. Conversely, the yearly low was recorded on August 29, dropping to 0.0254.

This high-to-low spread represents a total annual volatility of 0.0040 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0287 to the December average rate of 0.0258, the exchange rate registered a net change of -10.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0294 was down 3.25% compared to the 2016 peak of 0.0304, 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 147 CVE
2016 Average 146 CVE
Yearly Trough Low 127 CVE
Transaction Impact: A difference of 20.12 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0293
0.0254
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 0.0283, compared to 0.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0283
H2 Avg (Jul–Dec) 0.0260

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0014 CVE (High: 0.0272 / Low: 0.0258). On the other end, October was the most stable month, with a tight range of 0.0006 CVE (High: 0.0262 / Low: 0.0256).

July Spread (Volatile) ±0.0014
October Spread (Stable) ±0.0006

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.0290) against the same month in 2016 (average: 0.0290), the exchange rate shifted by -0.0000 (-0.09%).

2017 Avg (February) 0.0290
2016 Avg (February) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0293 0.0285 0.0287
February 0.0294 0.0283 0.0290
March 0.0293 0.0281 0.0287
April 0.0288 0.0277 0.0285
May 0.0280 0.0272 0.0276
June 0.0277 0.0270 0.0275
July 0.0272 0.0258 0.0266
August 0.0262 0.0254 0.0259
September 0.0261 0.0254 0.0257
October 0.0262 0.0256 0.0258
November 0.0263 0.0255 0.0259
December 0.0262 0.0254 0.0258