YEARLY HIGH
247.8210 UGX
YEARLY LOW
148.0595 UGX
YEARLY AVERAGE
151.0016 UGX

2019 HNL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HNL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 247.8210. Conversely, the yearly low was recorded on December 26, dropping to 148.0595.

This high-to-low spread represents a total annual volatility of 99.7615 UGX. From a start-to-finish perspective, comparing the January average rate of 151.6179 to the December average rate of 151.8571, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 247.8210 was up 51.69% compared to the 2018 peak of 163.3680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,239,105 UGX
2018 Average 779,222 UGX
Yearly Trough Low 740,297 UGX
Transaction Impact: A difference of 498,807.31 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

155.1614
148.8071
JanuMarcMayJulySeptNove

HNL 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 151.8178, compared to 150.1853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6324 points.

H1 Avg (Jan–Jun) 151.8178
H2 Avg (Jul–Dec) 150.1853

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 99.7615 UGX (High: 247.8210 / Low: 148.0595). On the other end, March was the most stable month, with a tight range of 0.9729 UGX (High: 151.5392 / Low: 150.5663).

December Spread (Volatile) ±99.7615
March Spread (Stable) ±0.9729

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 May and June, when the average rate fell by 3.4945 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.4945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 151.8571) against the same month in 2018 (average: 153.1104), the exchange rate shifted by -1.2533 (-0.82%).

2019 Avg (December) 151.8571
2018 Avg (December) 153.1104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 152.8989 149.7662 151.6179
February 151.0063 149.1464 149.9636
March 151.5392 150.5663 151.1113
April 153.2083 151.1541 152.4448
May 160.4213 152.5355 154.6318
June 153.5510 148.6563 151.1373
July 151.4339 149.1371 150.1250
August 151.0195 149.3902 150.2513
September 151.3498 148.2956 149.3366
October 151.0497 148.9759 149.7914
November 150.4600 149.1127 149.7507
December 247.8210 148.0595 151.8571