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2010 MXN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the MXN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 188.5052. Conversely, the yearly low was recorded on January 3, dropping to 145.3226.
This high-to-low spread represents a total annual volatility of 43.1826 UGX. From a start-to-finish perspective, comparing the January average rate of 150.5736 to the December average rate of 185.9772, the exchange rate registered a net change of 23.51% (reflecting a strengthening trend).
Comparing the value generated converting 50,000 MXN based on timing:
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MXN 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: JanâJun) was 165.0442, compared to 180.1289 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 15.0848 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 11.0281 UGX (High: 177.6149 / Low: 166.5868). On the other end, November was the most stable month, with a tight range of 4.1835 UGX (High: 187.9338 / Low: 183.7502).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.7554 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 185.9772.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 152.9738 | 145.3226 | 150.5736 |
| February | 160.0470 | 149.8226 | 154.5288 |
| March | 170.3727 | 160.3488 | 165.3710 |
| April | 173.5050 | 168.2388 | 170.4084 |
| May | 177.6149 | 166.5868 | 171.5438 |
| June | 180.8032 | 171.9083 | 177.8393 |
| July | 178.5222 | 173.2944 | 176.0838 |
| August | 177.1214 | 170.7167 | 174.6542 |
| September | 180.1638 | 171.4293 | 175.8829 |
| October | 185.4253 | 178.7437 | 182.2209 |
| November | 187.9338 | 183.7502 | 185.9544 |
| December | 188.5052 | 184.1179 | 185.9772 |