YEARLY HIGH
317.3323 UGX
YEARLY LOW
245.5395 UGX
YEARLY AVERAGE
283.0534 UGX

2018 ZAR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 317.3323. Conversely, the yearly low was recorded on September 5, dropping to 245.5395.

This high-to-low spread represents a total annual volatility of 71.7928 UGX. From a start-to-finish perspective, comparing the January average rate of 298.6445 to the December average rate of 259.9946, the exchange rate registered a net change of -12.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 317.3323 was up 7.22% compared to the 2017 peak of 295.9599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 15,866,616 UGX
2017 Average 13,600,549 UGX
Yearly Trough Low 12,276,976 UGX
Transaction Impact: A difference of 3,589,639.78 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

313.6912
253.2093
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 301.1577, compared to 264.9492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 36.2085 points.

H1 Avg (Jan–Jun) 301.1577
H2 Avg (Jul–Dec) 264.9492

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 25.4950 UGX (High: 271.0345 / Low: 245.5395). On the other end, July was the most stable month, with a tight range of 8.3245 UGX (High: 284.6002 / Low: 276.2757).

September Spread (Volatile) ±25.4950
July Spread (Stable) ±8.3245

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 14.8991 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -14.8991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 307.9800) against the same month in 2017 (average: 272.3233), the exchange rate shifted by +35.6567 (+13.09%).

2018 Avg (February) 307.9800
2017 Avg (February) 272.3233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 306.2884 292.3639 298.6445
February 317.3323 299.1032 307.9800
March 314.7425 303.0328 308.6510
April 311.9596 297.7655 305.4756
May 303.5584 290.8169 297.4218
June 301.0589 280.8843 288.7731
July 284.6002 276.2757 280.5927
August 279.1329 255.9275 265.6936
September 271.0345 245.5395 258.2494
October 269.0002 254.6009 259.8553
November 272.7755 258.9676 265.3093
December 272.3317 252.2627 259.9946