2018 UGX to GNF Historical Review

YEARLY HIGH

2.4894 GNF

YEARLY LOW

2.3105 GNF

YEARLY AVERAGE

2.4294 GNF

2018 UGX to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the UGX to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2.4894. Conversely, the yearly low was recorded on June 21, dropping to 2.3105.

This high-to-low spread represents a total annual volatility of 0.1788 GNF. From a start-to-finish perspective, comparing the January average rate of 2.4749 to the December average rate of 2.4650, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4894 was down 5.24% compared to the 2017 peak of 2.6271, 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 12,447 GNF

2017 Average 12,616 GNF

Yearly Trough Low 11,553 GNF

Transaction Impact: A difference of 894.24 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4871

2.3416

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 2.4378, compared to 2.4210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 2.4378

H2 Avg (Jul–Dec) 2.4210

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.1378 GNF (High: 2.4522 / Low: 2.3144). On the other end, April was the most stable month, with a tight range of 0.0211 GNF (High: 2.4477 / Low: 2.4266).

July Spread (Volatile) ±0.1378

April Spread (Stable) ±0.0211

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 May and June, when the average rate fell by 0.0653 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.4650) against the same month in 2017 (average: 2.4861), the exchange rate shifted by -0.0211 (-0.85%).

2018 Avg (December) 2.4650

2017 Avg (December) 2.4861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4825	2.4590	2.4749
February	2.4821	2.4599	2.4749
March	2.4752	2.4384	2.4642
April	2.4477	2.4266	2.4402
May	2.4310	2.3902	2.4191
June	2.3962	2.3105	2.3537
July	2.4522	2.3144	2.4099
August	2.4591	2.3842	2.4256
September	2.4061	2.3663	2.3843
October	2.4241	2.3715	2.4036
November	2.4654	2.4225	2.4377
December	2.4894	2.4336	2.4650