2018 ZAR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |