YEARLY HIGH
38.7808 UGX
YEARLY LOW
36.3340 UGX
YEARLY AVERAGE
37.5031 UGX

2019 CVE to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 38.7808. Conversely, the yearly low was recorded on August 25, dropping to 36.3340.

This high-to-low spread represents a total annual volatility of 2.4468 UGX. From a start-to-finish perspective, comparing the January average rate of 38.2620 to the December average rate of 36.8439, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 38.7808 was down 6.08% compared to the 2018 peak of 41.2900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193,904 UGX
2018 Average 198,921 UGX
Yearly Trough Low 181,670 UGX
Transaction Impact: A difference of 12,233.79 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

38.4248
36.4710
JanuMarcMayJulySeptNove

CVE 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 37.9943, compared to 37.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9824 points.

H1 Avg (Jan–Jun) 37.9943
H2 Avg (Jul–Dec) 37.0119

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.2505 UGX (High: 37.5845 / Low: 36.3340). On the other end, September was the most stable month, with a tight range of 0.4592 UGX (High: 36.7961 / Low: 36.3369).

August Spread (Volatile) ±1.2505
September Spread (Stable) ±0.4592

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 August and September, when the average rate fell by 0.5517 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 38.2620) against the same month in 2018 (average: 40.0905), the exchange rate shifted by -1.8286 (-4.56%).

2019 Avg (January) 38.2620
2018 Avg (January) 40.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.7808 37.7261 38.2620
February 38.1012 37.4007 37.7213
March 38.1014 37.5520 37.8774
April 38.2758 37.6546 37.9622
May 38.3526 37.8126 38.0871
June 38.4741 37.5890 38.0559
July 38.1520 37.1479 37.5631
August 37.5845 36.3340 37.1856
September 36.7961 36.3369 36.6338
October 37.4191 36.3539 36.9432
November 37.2779 36.5515 36.9016
December 37.1492 36.5515 36.8439