YEARLY HIGH
2.8842 GNF
YEARLY LOW
2.5347 GNF
YEARLY AVERAGE
2.7021 GNF

2014 UGX to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the UGX to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 2.8842. Conversely, the yearly low was recorded on December 31, dropping to 2.5347.

This high-to-low spread represents a total annual volatility of 0.3496 GNF. From a start-to-finish perspective, comparing the January average rate of 2.7932 to the December average rate of 2.5505, the exchange rate registered a net change of -8.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.8842 was up 2.94% compared to the 2013 peak of 2.8019, 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 14,421 GNF
2013 Average 13,576 GNF
Yearly Trough Low 12,673 GNF
Transaction Impact: A difference of 1,747.80 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.8689
2.5216
JanuMarcMayJulySeptNove

UGX to GNF 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 2.7728, compared to 2.6313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1416 points.

H1 Avg (Jan–Jun) 2.7728
H2 Avg (Jul–Dec) 2.6313

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.1375 GNF (High: 2.8285 / Low: 2.6910). On the other end, December was the most stable month, with a tight range of 0.0368 GNF (High: 2.5715 / Low: 2.5347).

March Spread (Volatile) ±0.1375
December Spread (Stable) ±0.0368

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0719 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 2.8400) against the same month in 2013 (average: 2.6652), the exchange rate shifted by +0.1748 (+6.56%).

2014 Avg (February) 2.8400
2013 Avg (February) 2.6652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8385 2.7498 2.7932
February 2.8842 2.7560 2.8400
March 2.8285 2.6910 2.7681
April 2.7997 2.7186 2.7646
May 2.7930 2.7239 2.7630
June 2.7426 2.6400 2.7082
July 2.6989 2.6314 2.6706
August 2.7052 2.6495 2.6781
September 2.7045 2.6551 2.6766
October 2.6666 2.5901 2.6330
November 2.6232 2.5355 2.5788
December 2.5715 2.5347 2.5505