YEARLY HIGH
2202.7843 UGX
YEARLY LOW
2048.9493 UGX
YEARLY AVERAGE
2120.4205 UGX

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 11,013,921 UGX
2018 Average 11,247,368 UGX
Yearly Trough Low 10,244,747 UGX
Transaction Impact: A difference of 769,174.75 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2171.5836
2060.1777
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2148.2115
H2 Avg (Jul–Dec) 2092.6294

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±72.4045
May Spread (Stable) ±29.4291

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -34.7723

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 2162.2998
2018 Avg (January) 2270.4060

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