YEARLY HIGH
0.0315 NPR
YEARLY LOW
0.0277 NPR
YEARLY AVERAGE
0.0293 NPR

2018 UGX to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the UGX to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0315. Conversely, the yearly low was recorded on January 13, dropping to 0.0277.

This high-to-low spread represents a total annual volatility of 0.0037 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0304, the exchange rate registered a net change of 8.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0315 was up 3.68% compared to the 2017 peak of 0.0304, 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 157 NPR
2017 Average 144 NPR
Yearly Trough Low 139 NPR
Transaction Impact: A difference of 18.67 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0315
0.0277
JanuMarcMayJulySeptNove

UGX to NPR 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 0.0284, compared to 0.0303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0284
H2 Avg (Jul–Dec) 0.0303

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0017 NPR (High: 0.0298 / Low: 0.0281). On the other end, March was the most stable month, with a tight range of 0.0004 NPR (High: 0.0286 / Low: 0.0282).

July Spread (Volatile) ±0.0017
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0312) against the same month in 2017 (average: 0.0286), the exchange rate shifted by +0.0025 (+8.90%).

2018 Avg (October) 0.0312
2017 Avg (October) 0.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0282 0.0277 0.0280
February 0.0286 0.0281 0.0283
March 0.0286 0.0282 0.0285
April 0.0289 0.0282 0.0284
May 0.0293 0.0286 0.0290
June 0.0285 0.0279 0.0283
July 0.0298 0.0281 0.0293
August 0.0302 0.0297 0.0298
September 0.0307 0.0301 0.0303
October 0.0315 0.0305 0.0312
November 0.0314 0.0299 0.0308
December 0.0312 0.0299 0.0304