2019 BGN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BGN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2202.7843. Conversely, the yearly low was recorded on September 26, dropping to 2048.9493.
This high-to-low spread represents a total annual volatility of 153.8349 UGX. From a start-to-finish perspective, comparing the January average rate of 2162.2998 to the December average rate of 2087.5417, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 2202.7843 was down 5.76% compared to the 2018 peak of 2337.3615, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BGN 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 2148.2115, compared to 2092.6294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.5821 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 72.4045 UGX (High: 2202.7843 / Low: 2130.3798). On the other end, May was the most stable month, with a tight range of 29.4291 UGX (High: 2168.9470 / Low: 2139.5179).
Growth Streaks & Declines
TrendsBetween February and May, 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 June and July, when the average rate fell by 34.7723 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 2162.2998) against the same month in 2018 (average: 2270.4060), the exchange rate shifted by -108.1062 (-4.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2202.7843 | 2130.3798 | 2162.2998 |
| February | 2155.7855 | 2114.3864 | 2131.5651 |
| March | 2164.7107 | 2118.2039 | 2140.4154 |
| April | 2166.7332 | 2130.2243 | 2145.7260 |
| May | 2168.9470 | 2139.5179 | 2154.8422 |
| June | 2179.9848 | 2123.1479 | 2154.4208 |
| July | 2149.2219 | 2094.2511 | 2119.6485 |
| August | 2121.2816 | 2072.1299 | 2099.4550 |
| September | 2080.4968 | 2048.9493 | 2069.4615 |
| October | 2118.0858 | 2049.6589 | 2090.8009 |
| November | 2119.1693 | 2078.0551 | 2088.8690 |
| December | 2103.8238 | 2074.1282 | 2087.5417 |