2019 BND to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BND to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BND to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 2799.5946. Conversely, the yearly low was recorded on January 29, dropping to 2326.5059.
This high-to-low spread represents a total annual volatility of 473.0887 UGX. From a start-to-finish perspective, comparing the January average rate of 2363.0865 to the December average rate of 2708.7563, the exchange rate registered a net change of 14.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 2799.5946 was down 3.21% compared to the 2018 peak of 2892.3348, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BND 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 2683.3395, compared to 2718.3399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.0004 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was February, with a trading range of 413.3220 UGX (High: 2742.6646 / Low: 2329.3427). On the other end, December was the most stable month, with a tight range of 21.8034 UGX (High: 2721.4118 / Low: 2699.6084).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 25.6245 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2019: 2787.3498) against the same month in 2018 (average: 2759.1116), the exchange rate shifted by +28.2382 (+1.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2709.5959 | 2326.5059 | 2363.0865 |
| February | 2742.6646 | 2329.3427 | 2677.4953 |
| March | 2751.3975 | 2724.3843 | 2742.8197 |
| April | 2782.3999 | 2749.5390 | 2767.1927 |
| May | 2799.5946 | 2734.5645 | 2787.3498 |
| June | 2792.8103 | 2721.0497 | 2762.0929 |
| July | 2757.5696 | 2716.5048 | 2736.4685 |
| August | 2741.8816 | 2656.1450 | 2731.7429 |
| September | 2733.7392 | 2661.5412 | 2718.0857 |
| October | 2734.7266 | 2655.2688 | 2699.6890 |
| November | 2732.3597 | 2701.9461 | 2715.2970 |
| December | 2721.4118 | 2699.6084 | 2708.7563 |