YEARLY HIGH
0.0388 ISK
YEARLY LOW
0.0304 ISK
YEARLY AVERAGE
0.0354 ISK

2016 UGX to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the UGX to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.0388. Conversely, the yearly low was recorded on December 6, dropping to 0.0304.

This high-to-low spread represents a total annual volatility of 0.0084 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0377 to the December average rate of 0.0313, the exchange rate registered a net change of -17.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0388 was down 19.13% compared to the 2015 peak of 0.0480, 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 194 ISK
2015 Average 205 ISK
Yearly Trough Low 152 ISK
Transaction Impact: A difference of 42.10 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0384
0.0306
JanuMarcMayJulySeptNove

UGX to ISK 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 0.0372, compared to 0.0335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0372
H2 Avg (Jul–Dec) 0.0335

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0021 ISK (High: 0.0388 / Low: 0.0367). On the other end, May was the most stable month, with a tight range of 0.0006 ISK (High: 0.0372 / Low: 0.0366).

March Spread (Volatile) ±0.0021
May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0017 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.0377) against the same month in 2015 (average: 0.0465), the exchange rate shifted by -0.0088 (-18.98%).

2016 Avg (March) 0.0377
2015 Avg (March) 0.0465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0385 0.0371 0.0377
February 0.0385 0.0366 0.0373
March 0.0388 0.0367 0.0377
April 0.0378 0.0365 0.0371
May 0.0372 0.0366 0.0370
June 0.0370 0.0361 0.0366
July 0.0363 0.0354 0.0361
August 0.0357 0.0345 0.0350
September 0.0344 0.0337 0.0340
October 0.0338 0.0327 0.0333
November 0.0323 0.0309 0.0315
December 0.0320 0.0304 0.0313