2019 GNF to UGX Historical Review

YEARLY HIGH

0.4125 UGX

YEARLY LOW

0.3832 UGX

YEARLY AVERAGE

0.4014 UGX

2019 GNF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.4125. Conversely, the yearly low was recorded on December 31, dropping to 0.3832.

This high-to-low spread represents a total annual volatility of 0.0293 UGX. From a start-to-finish perspective, comparing the January average rate of 0.4043 to the December average rate of 0.3876, the exchange rate registered a net change of -4.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4125 was down 4.70% compared to the 2018 peak of 0.4328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,062 UGX

2018 Average 2,059 UGX

Yearly Trough Low 1,916 UGX

Transaction Impact: A difference of 146.34 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4123

0.3854

JanuMarcMayJulySeptNove

GNF 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 0.4054, compared to 0.3975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.4054

H2 Avg (Jul–Dec) 0.3975

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0210 UGX (High: 0.4091 / Low: 0.3881). On the other end, August was the most stable month, with a tight range of 0.0035 UGX (High: 0.4029 / Low: 0.3994).

November Spread (Volatile) ±0.0210

August Spread (Stable) ±0.0035

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 November and December, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.4064) against the same month in 2018 (average: 0.4249), the exchange rate shifted by -0.0185 (-4.36%).

2019 Avg (June) 0.4064

2018 Avg (June) 0.4249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4091	0.4000	0.4043
February	0.4041	0.3977	0.4004
March	0.4072	0.4009	0.4035
April	0.4118	0.4036	0.4074
May	0.4122	0.4064	0.4100
June	0.4125	0.4004	0.4064
July	0.4045	0.3999	0.4016
August	0.4029	0.3994	0.4013
September	0.4015	0.3967	0.3987
October	0.4040	0.3978	0.4001
November	0.4091	0.3881	0.3955
December	0.3912	0.3832	0.3876