2016 ZAR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 268.1576. Conversely, the yearly low was recorded on January 11, dropping to 204.8842.
This high-to-low spread represents a total annual volatility of 63.2733 UGX. From a start-to-finish perspective, comparing the January average rate of 211.6996 to the December average rate of 259.7561, the exchange rate registered a net change of 22.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 268.1576 was down 4.71% compared to the 2015 peak of 281.4020, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ZAR to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 219.7087, compared to 246.7884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.0797 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 22.3646 UGX (High: 252.7136 / Low: 230.3490). On the other end, July was the most stable month, with a tight range of 12.7609 UGX (High: 242.4064 / Low: 229.6454).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 10.1355 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 259.7561) against the same month in 2015 (average: 223.4194), the exchange rate shifted by +36.3367 (+16.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 219.1370 | 204.8842 | 211.6996 |
| February | 225.3274 | 208.3073 | 216.9898 |
| March | 228.1665 | 212.0997 | 218.9016 |
| April | 233.4231 | 220.4436 | 228.7814 |
| May | 233.7071 | 213.0106 | 218.6458 |
| June | 233.5608 | 214.8994 | 223.2338 |
| July | 242.4064 | 229.6454 | 234.7380 |
| August | 252.7136 | 230.3490 | 245.0177 |
| September | 250.6796 | 231.4425 | 240.1626 |
| October | 255.1165 | 239.6142 | 246.3156 |
| November | 263.8262 | 246.2157 | 254.7404 |
| December | 268.1576 | 253.5814 | 259.7561 |