2019 HKD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 HKD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the HKD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 481.6749. Conversely, the yearly low was recorded on August 25, dropping to 462.0788.
This high-to-low spread represents a total annual volatility of 19.5961 UGX. From a start-to-finish perspective, comparing the January average rate of 472.4070 to the December average rate of 470.8081, the exchange rate registered a net change of -0.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 481.6749 was down 3.33% compared to the 2018 peak of 498.2747, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
HKD 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 474.3185, compared to 471.2413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0771 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 10.8226 UGX (High: 472.9014 / Low: 462.0788). On the other end, November was the most stable month, with a tight range of 2.8044 UGX (High: 473.4380 / Low: 470.6336).
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 January and February, when the average rate fell by 4.3487 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2019: 479.9548) against the same month in 2018 (average: 474.8885), the exchange rate shifted by +5.0662 (+1.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 476.4951 | 466.1992 | 472.4070 |
| February | 471.8214 | 466.9597 | 468.0583 |
| March | 473.3541 | 470.4919 | 472.0267 |
| April | 479.5854 | 473.0213 | 476.5586 |
| May | 481.6749 | 477.2095 | 479.9548 |
| June | 481.0519 | 470.3798 | 476.9056 |
| July | 476.6789 | 471.6865 | 473.2235 |
| August | 472.9014 | 462.0788 | 470.6864 |
| September | 471.0699 | 464.8252 | 469.0564 |
| October | 475.7387 | 467.4912 | 471.5411 |
| November | 473.4380 | 470.6336 | 472.1327 |
| December | 473.1810 | 469.9313 | 470.8081 |