YEARLY HIGH
0.0266 CVE
YEARLY LOW
0.0242 CVE
YEARLY AVERAGE
0.0251 CVE

2018 UGX to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the UGX to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0266. Conversely, the yearly low was recorded on April 11, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0024 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0249 to the December average rate of 0.0262, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0266 was down 9.58% compared to the 2017 peak of 0.0294, 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 133 CVE
2017 Average 136 CVE
Yearly Trough Low 121 CVE
Transaction Impact: A difference of 11.77 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0263
0.0242
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 0.0247, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0247
H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0012 CVE (High: 0.0257 / Low: 0.0244). On the other end, April was the most stable month, with a tight range of 0.0004 CVE (High: 0.0246 / Low: 0.0242).

July Spread (Volatile) ±0.0012
April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0262) against the same month in 2017 (average: 0.0258), the exchange rate shifted by +0.0004 (+1.56%).

2018 Avg (December) 0.0262
2017 Avg (December) 0.0258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0255 0.0244 0.0249
February 0.0249 0.0244 0.0246
March 0.0249 0.0242 0.0245
April 0.0246 0.0242 0.0244
May 0.0253 0.0247 0.0251
June 0.0251 0.0243 0.0247
July 0.0257 0.0244 0.0252
August 0.0261 0.0251 0.0257
September 0.0253 0.0246 0.0249
October 0.0260 0.0250 0.0255
November 0.0262 0.0257 0.0260
December 0.0266 0.0260 0.0262