YEARLY HIGH
2.0796 UGX
YEARLY LOW
1.9432 UGX
YEARLY AVERAGE
2.0117 UGX

2019 BIF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.0796. Conversely, the yearly low was recorded on December 28, dropping to 1.9432.

This high-to-low spread represents a total annual volatility of 0.1364 UGX. From a start-to-finish perspective, comparing the January average rate of 2.0523 to the December average rate of 1.9573, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.0796 was down 5.90% compared to the 2018 peak of 2.2100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,398 UGX
2018 Average 10,481 UGX
Yearly Trough Low 9,716 UGX
Transaction Impact: A difference of 682.22 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.0618
1.9479
JanuMarcMayJulySeptNove

BIF 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 2.0381, compared to 1.9853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0527 points.

H1 Avg (Jan–Jun) 2.0381
H2 Avg (Jul–Dec) 1.9853

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0510 UGX (High: 2.0796 / Low: 2.0286). On the other end, August was the most stable month, with a tight range of 0.0193 UGX (High: 2.0084 / Low: 1.9891).

January Spread (Volatile) ±0.0510
August Spread (Stable) ±0.0193

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 January and February, when the average rate fell by 0.0271 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2.0523) against the same month in 2018 (average: 2.0644), the exchange rate shifted by -0.0122 (-0.59%).

2019 Avg (January) 2.0523
2018 Avg (January) 2.0644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0796 2.0286 2.0523
February 2.0443 2.0038 2.0251
March 2.0533 2.0205 2.0357
April 2.0543 2.0270 2.0406
May 2.0611 2.0309 2.0503
June 2.0490 2.0007 2.0244
July 2.0188 1.9951 2.0055
August 2.0084 1.9891 2.0010
September 1.9990 1.9701 1.9838
October 2.0065 1.9720 1.9902
November 1.9875 1.9665 1.9742
December 1.9762 1.9432 1.9573