YEARLY HIGH
2.7108 GNF
YEARLY LOW
2.1612 GNF
YEARLY AVERAGE
2.4460 GNF

2016 UGX to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the UGX to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 2.7108. Conversely, the yearly low was recorded on June 5, dropping to 2.1612.

This high-to-low spread represents a total annual volatility of 0.5496 GNF. From a start-to-finish perspective, comparing the January average rate of 2.2455 to the December average rate of 2.5771, the exchange rate registered a net change of 14.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.7108 was up 6.57% compared to the 2015 peak of 2.5437, 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 13,554 GNF
2015 Average 11,428 GNF
Yearly Trough Low 10,806 GNF
Transaction Impact: A difference of 2,747.89 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.7348
2.1651
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 2.2575, compared to 2.6345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3770 points.

H1 Avg (Jan–Jun) 2.2575
H2 Avg (Jul–Dec) 2.6345

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.4846 GNF (High: 2.6458 / Low: 2.1612). On the other end, September was the most stable month, with a tight range of 0.0371 GNF (High: 2.7037 / Low: 2.6666).

June Spread (Volatile) ±0.4846
September Spread (Stable) ±0.0371

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0852 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0852

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.6823) against the same month in 2015 (average: 2.0581), the exchange rate shifted by +0.6242 (+30.33%).

2016 Avg (August) 2.6823
2015 Avg (August) 2.0581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2893 2.2166 2.2455
February 2.2913 2.2164 2.2463
March 2.2897 2.2464 2.2656
April 2.2906 2.2455 2.2692
May 2.2747 2.1683 2.2125
June 2.6458 2.1612 2.3057
July 2.6757 2.5984 2.6485
August 2.7108 2.6379 2.6823
September 2.7037 2.6666 2.6874
October 2.6985 2.6198 2.6484
November 2.6226 2.4926 2.5632
December 2.6577 2.5222 2.5771