2019 GHS to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GHS to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GHS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 772.0853. Conversely, the yearly low was recorded on May 19, dropping to 258.6444.
This high-to-low spread represents a total annual volatility of 513.4409 UGX. From a start-to-finish perspective, comparing the January average rate of 755.9765 to the December average rate of 644.9073, the exchange rate registered a net change of -14.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 772.0853 was down 7.70% compared to the 2018 peak of 836.5006, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GHS 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 710.3966, compared to 671.1088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 39.2878 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 476.9253 UGX (High: 735.5697 / Low: 258.6444). On the other end, July was the most stable month, with a tight range of 8.6130 UGX (High: 690.8826 / Low: 682.2696).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 57.3582 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 755.9765) against the same month in 2018 (average: 801.5569), the exchange rate shifted by -45.5804 (-5.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 772.0853 | 733.5555 | 755.9765 |
| February | 738.9332 | 666.6596 | 698.6183 |
| March | 726.1950 | 657.2329 | 684.0112 |
| April | 734.3469 | 685.2694 | 722.0296 |
| May | 735.5697 | 258.6444 | 709.8325 |
| June | 703.5514 | 678.7186 | 691.9115 |
| July | 690.8826 | 682.2696 | 685.9264 |
| August | 687.4059 | 673.7073 | 680.4995 |
| September | 680.6069 | 667.1329 | 670.3577 |
| October | 685.4061 | 672.7261 | 678.2254 |
| November | 675.4794 | 658.3572 | 666.7361 |
| December | 658.2125 | 637.5712 | 644.9073 |