YEARLY HIGH
0.1020 NGN
YEARLY LOW
0.0837 NGN
YEARLY AVERAGE
0.0923 NGN

2017 UGX to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the UGX to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.1020. Conversely, the yearly low was recorded on January 7, dropping to 0.0837.

This high-to-low spread represents a total annual volatility of 0.0184 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0866 to the December average rate of 0.0992, the exchange rate registered a net change of 14.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1020 was down 1.25% compared to the 2016 peak of 0.1033, 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 510 NGN
2016 Average 376 NGN
Yearly Trough Low 418 NGN
Transaction Impact: A difference of 91.87 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1006
0.0853
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 0.0874, compared to 0.0971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.0874
H2 Avg (Jul–Dec) 0.0971

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0151 NGN (High: 0.1020 / Low: 0.0870). On the other end, December was the most stable month, with a tight range of 0.0014 NGN (High: 0.1001 / Low: 0.0987).

August Spread (Volatile) ±0.0151
December Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0988) against the same month in 2016 (average: 0.0956), the exchange rate shifted by +0.0032 (+3.32%).

2017 Avg (August) 0.0988
2016 Avg (August) 0.0956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0883 0.0837 0.0866
February 0.0890 0.0850 0.0879
March 0.0885 0.0847 0.0870
April 0.0877 0.0848 0.0868
May 0.0902 0.0866 0.0875
June 0.0979 0.0870 0.0887
July 0.0968 0.0851 0.0878
August 0.1020 0.0870 0.0988
September 0.1006 0.0976 0.0993
October 0.0996 0.0977 0.0987
November 0.0996 0.0976 0.0988
December 0.1001 0.0987 0.0992