2019 GMD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GMD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 76.5937. Conversely, the yearly low was recorded on December 19, dropping to 71.2293.
This high-to-low spread represents a total annual volatility of 5.3644 UGX. From a start-to-finish perspective, comparing the January average rate of 74.8309 to the December average rate of 71.5842, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 76.5937 was down 7.48% compared to the 2018 peak of 82.7859, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GMD 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 75.0383, compared to 72.8950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1433 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 2.4951 UGX (High: 76.5937 / Low: 74.0986). On the other end, March was the most stable month, with a tight range of 0.5062 UGX (High: 74.8605 / Low: 74.3544).
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 June and July, when the average rate fell by 1.1452 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 75.2914) against the same month in 2018 (average: 81.3294), the exchange rate shifted by -6.0379 (-7.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.4117 | 73.8301 | 74.8309 |
| February | 74.7599 | 73.9948 | 74.1406 |
| March | 74.8605 | 74.3544 | 74.6704 |
| April | 75.9194 | 74.6649 | 75.4027 |
| May | 76.3093 | 75.3299 | 75.8937 |
| June | 76.5937 | 74.0986 | 75.2914 |
| July | 74.9398 | 73.8871 | 74.1463 |
| August | 74.0439 | 72.3456 | 73.5935 |
| September | 73.4394 | 72.2108 | 72.9610 |
| October | 73.5003 | 72.3210 | 72.8823 |
| November | 72.5165 | 71.8041 | 72.2027 |
| December | 72.2219 | 71.2293 | 71.5842 |