YEARLY HIGH
0.0026 NOK
YEARLY LOW
0.0019 NOK
YEARLY AVERAGE
0.0022 NOK

2011 UGX to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the UGX to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0026. Conversely, the yearly low was recorded on August 31, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0007 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0024, the exchange rate registered a net change of -4.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0026 was down 15.62% compared to the 2010 peak of 0.0030, 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 13 NOK
2010 Average 14 NOK
Yearly Trough Low 9 NOK
Transaction Impact: A difference of 3.31 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0026
0.0019
JanuMarcMayJulySeptNove

UGX to NOK 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 0.0023, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0003 NOK (High: 0.0023 / Low: 0.0020). On the other end, March was the most stable month, with a tight range of 0.0001 NOK (High: 0.0024 / Low: 0.0023).

June Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0025) against the same month in 2010 (average: 0.0030), the exchange rate shifted by -0.0005 (-15.39%).

2011 Avg (January) 0.0025
2010 Avg (January) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0024 0.0025
February 0.0025 0.0024 0.0024
March 0.0024 0.0023 0.0023
April 0.0023 0.0022 0.0023
May 0.0023 0.0022 0.0023
June 0.0023 0.0020 0.0022
July 0.0022 0.0021 0.0021
August 0.0021 0.0019 0.0020
September 0.0021 0.0019 0.0020
October 0.0021 0.0020 0.0020
November 0.0023 0.0021 0.0022
December 0.0025 0.0023 0.0024