YEARLY HIGH
232.4668 UGX
YEARLY LOW
210.5432 UGX
YEARLY AVERAGE
224.5134 UGX

2026 ZAR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the ZAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 232.4668. Conversely, the yearly low was recorded on January 20, dropping to 210.5432.

This high-to-low spread represents a total annual volatility of 21.9236 UGX. From a start-to-finish perspective, comparing the January average rate of 218.9980 to the December average rate of 226.1046, the exchange rate registered a net change of 3.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 232.4668 was up 6.31% compared to the 2025 peak of 218.6596, 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 11,623,342 UGX
2025 Average 10,076,825 UGX
Yearly Trough Low 10,527,160 UGX
Transaction Impact: A difference of 1,096,182.28 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

231.4529
217.8657
JanuMarcMayJuly

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 224.1710, compared to 225.5406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3696 points.

H1 Avg (Jan–Jun) 224.1710
H2 Avg (Jul–Dec) 225.5406

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 17.0081 UGX (High: 227.5513 / Low: 210.5432). On the other end, August was the most stable month, with a tight range of 0.0000 UGX (High: 226.1046 / Low: 226.1046).

January Spread (Volatile) ±17.0081
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 4.2082 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.2082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2026: 230.3206) against the same month in 2025 (average: 201.9485), the exchange rate shifted by +28.3721 (+14.05%).

2026 Avg (May) 230.3206
2025 Avg (May) 201.9485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 227.5513 210.5432 218.9980
February 226.3318 219.3598 222.6822
March 230.4610 216.1236 222.4010
April 228.2282 220.4213 224.5116
May 232.4668 223.6402 230.3206
June 232.3150 216.2518 226.1125
July 226.9078 223.2350 224.9766
August 226.1046 226.1046 226.1046