YEARLY HIGH
0.0336 ISK
YEARLY LOW
0.0266 ISK
YEARLY AVERAGE
0.0290 ISK

2018 UGX to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the UGX to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0336. Conversely, the yearly low was recorded on April 10, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0070 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0282 to the December average rate of 0.0324, the exchange rate registered a net change of 14.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0336 was up 3.28% compared to the 2017 peak of 0.0325, 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 168 ISK
2017 Average 147 ISK
Yearly Trough Low 133 ISK
Transaction Impact: A difference of 34.83 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0335
0.0264
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 0.0276, compared to 0.0304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0276
H2 Avg (Jul–Dec) 0.0304

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0031 ISK (High: 0.0323 / Low: 0.0292). On the other end, April was the most stable month, with a tight range of 0.0007 ISK (High: 0.0273 / Low: 0.0266).

October Spread (Volatile) ±0.0031
April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0329) against the same month in 2017 (average: 0.0286), the exchange rate shifted by +0.0043 (+14.92%).

2018 Avg (November) 0.0329
2017 Avg (November) 0.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0288 0.0276 0.0282
February 0.0281 0.0274 0.0277
March 0.0277 0.0267 0.0272
April 0.0273 0.0266 0.0270
May 0.0284 0.0274 0.0279
June 0.0283 0.0272 0.0278
July 0.0290 0.0271 0.0284
August 0.0294 0.0283 0.0289
September 0.0299 0.0285 0.0290
October 0.0323 0.0292 0.0310
November 0.0336 0.0321 0.0329
December 0.0334 0.0313 0.0324