YEARLY HIGH
0.9318 MGA
YEARLY LOW
0.8013 MGA
YEARLY AVERAGE
0.8637 MGA

2017 UGX to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the UGX to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.9318. Conversely, the yearly low was recorded on July 25, dropping to 0.8013.

This high-to-low spread represents a total annual volatility of 0.1305 MGA. From a start-to-finish perspective, comparing the January average rate of 0.9076 to the December average rate of 0.8894, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9318 was down 4.89% compared to the 2016 peak of 0.9797, 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 4,659 MGA
2016 Average 4,650 MGA
Yearly Trough Low 4,007 MGA
Transaction Impact: A difference of 652.30 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9164
0.8114
JanuMarcMayJulySeptNove

UGX to MGA 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 0.8812, compared to 0.8462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 0.8812
H2 Avg (Jul–Dec) 0.8462

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0675 MGA (High: 0.9165 / Low: 0.8490). On the other end, November was the most stable month, with a tight range of 0.0213 MGA (High: 0.8866 / Low: 0.8653).

March Spread (Volatile) ±0.0675
November Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.0525 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.9076) against the same month in 2016 (average: 0.9321), the exchange rate shifted by -0.0245 (-2.62%).

2017 Avg (January) 0.9076
2016 Avg (January) 0.9321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9318 0.8776 0.9076
February 0.8974 0.8537 0.8786
March 0.9165 0.8490 0.8832
April 0.9048 0.8696 0.8818
May 0.8839 0.8455 0.8635
June 0.8980 0.8415 0.8727
July 0.8500 0.8013 0.8201
August 0.8293 0.8042 0.8204
September 0.8451 0.8107 0.8274
October 0.8673 0.8361 0.8461
November 0.8866 0.8653 0.8738
December 0.8972 0.8744 0.8894