2019 ETB to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ETB to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ETB to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 132.5968. Conversely, the yearly low was recorded on December 31, dropping to 114.6500.
This high-to-low spread represents a total annual volatility of 17.9468 UGX. From a start-to-finish perspective, comparing the January average rate of 130.6181 to the December average rate of 116.7393, the exchange rate registered a net change of -10.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 132.5968 was down 6.47% compared to the 2018 peak of 141.7711, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ETB 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 129.7616, compared to 124.1154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6462 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 6.5133 UGX (High: 121.1633 / Low: 114.6500). On the other end, March was the most stable month, with a tight range of 1.1801 UGX (High: 130.4242 / Low: 129.2441).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 6.8160 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 130.6181) against the same month in 2018 (average: 132.5865), the exchange rate shifted by -1.9684 (-1.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 132.5968 | 128.8903 | 130.6181 |
| February | 130.3936 | 128.2870 | 129.0041 |
| March | 130.4242 | 129.2441 | 129.8110 |
| April | 131.0415 | 128.9586 | 129.8328 |
| May | 131.3941 | 129.4227 | 130.3938 |
| June | 130.4556 | 126.9179 | 128.9099 |
| July | 129.2689 | 126.9436 | 127.6262 |
| August | 127.7012 | 124.9256 | 126.5445 |
| September | 126.4145 | 124.3739 | 125.0957 |
| October | 126.0988 | 124.1972 | 125.1316 |
| November | 125.4024 | 120.6847 | 123.5553 |
| December | 121.1633 | 114.6500 | 116.7393 |