YEARLY HIGH
2.6271 GNF
YEARLY LOW
2.4456 GNF
YEARLY AVERAGE
2.5237 GNF

2017 UGX to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the UGX to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.6271. Conversely, the yearly low was recorded on August 21, dropping to 2.4456.

This high-to-low spread represents a total annual volatility of 0.1814 GNF. From a start-to-finish perspective, comparing the January average rate of 2.5905 to the December average rate of 2.4861, the exchange rate registered a net change of -4.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6271 was down 3.09% compared to the 2016 peak of 2.7108, 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 13,135 GNF
2016 Average 12,235 GNF
Yearly Trough Low 12,228 GNF
Transaction Impact: A difference of 907.14 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6280
2.4541
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 2.5665, compared to 2.4809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0856 points.

H1 Avg (Jan–Jun) 2.5665
H2 Avg (Jul–Dec) 2.4809

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.1023 GNF (High: 2.6255 / Low: 2.5232). On the other end, December was the most stable month, with a tight range of 0.0282 GNF (High: 2.5051 / Low: 2.4769).

January Spread (Volatile) ±0.1023
December Spread (Stable) ±0.0282

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.0316 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 2.6135) against the same month in 2016 (average: 2.2463), the exchange rate shifted by +0.3672 (+16.35%).

2017 Avg (February) 2.6135
2016 Avg (February) 2.2463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6255 2.5232 2.5905
February 2.6271 2.5680 2.6135
March 2.6158 2.5442 2.5854
April 2.5790 2.4885 2.5538
May 2.5653 2.4952 2.5294
June 2.5510 2.4971 2.5264
July 2.5277 2.4695 2.4973
August 2.5021 2.4456 2.4718
September 2.5082 2.4542 2.4828
October 2.4869 2.4482 2.4686
November 2.4896 2.4572 2.4787
December 2.5051 2.4769 2.4861