YEARLY HIGH
0.1033 NGN
YEARLY LOW
0.0572 NGN
YEARLY AVERAGE
0.0752 NGN

2016 UGX to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the UGX to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.1033. Conversely, the yearly low was recorded on January 16, dropping to 0.0572.

This high-to-low spread represents a total annual volatility of 0.0461 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0578 to the December average rate of 0.0874, the exchange rate registered a net change of 51.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1033 was up 45.27% compared to the 2015 peak of 0.0711, 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 517 NGN
2015 Average 308 NGN
Yearly Trough Low 286 NGN
Transaction Impact: A difference of 230.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0994
0.0540
JanuMarcMayJulySeptNove

UGX to NGN 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 0.0601, compared to 0.0903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0302 points.

H1 Avg (Jan–Jun) 0.0601
H2 Avg (Jul–Dec) 0.0903

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0250 NGN (High: 0.0841 / Low: 0.0591). On the other end, March was the most stable month, with a tight range of 0.0006 NGN (High: 0.0595 / Low: 0.0589).

June Spread (Volatile) ±0.0250
March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0956) against the same month in 2015 (average: 0.0562), the exchange rate shifted by +0.0394 (+70.23%).

2016 Avg (August) 0.0956
2015 Avg (August) 0.0562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0590 0.0572 0.0578
February 0.0593 0.0572 0.0580
March 0.0595 0.0589 0.0592
April 0.0602 0.0590 0.0596
May 0.0600 0.0588 0.0595
June 0.0841 0.0591 0.0665
July 0.0948 0.0830 0.0866
August 0.1033 0.0924 0.0956
September 0.0932 0.0919 0.0926
October 0.0929 0.0906 0.0912
November 0.0904 0.0866 0.0882
December 0.0892 0.0845 0.0874