YEARLY HIGH
29.7949 UGX
YEARLY LOW
26.1221 UGX
YEARLY AVERAGE
27.7646 UGX

2019 JMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 29.7949. Conversely, the yearly low was recorded on December 16, dropping to 26.1221.

This high-to-low spread represents a total annual volatility of 3.6727 UGX. From a start-to-finish perspective, comparing the January average rate of 28.4938 to the December average rate of 26.8450, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 29.7949 was down 0.97% compared to the 2018 peak of 30.0866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148,974 UGX
2018 Average 144,644 UGX
Yearly Trough Low 130,611 UGX
Transaction Impact: A difference of 18,363.57 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

29.6702
26.0560
JanuMarcMayJulySeptNove

JMD 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 28.4376, compared to 27.0916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3460 points.

H1 Avg (Jan–Jun) 28.4376
H2 Avg (Jul–Dec) 27.0916

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 1.7747 UGX (High: 28.6681 / Low: 26.8934). On the other end, May was the most stable month, with a tight range of 0.4660 UGX (High: 28.1114 / Low: 27.6454).

February Spread (Volatile) ±1.7747
May Spread (Stable) ±0.4660

Growth Streaks & Declines

Trends

No 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 1.0034 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 29.3690) against the same month in 2018 (average: 28.7369), the exchange rate shifted by +0.6321 (+2.20%).

2019 Avg (March) 29.3690
2018 Avg (March) 28.7369

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.2964 27.6005 28.4938
February 28.6681 26.8934 27.4904
March 29.7949 28.6286 29.3690
April 29.6536 28.0086 28.8522
May 28.1114 27.6454 27.9428
June 28.9010 27.7692 28.4777
July 28.3184 27.1564 27.6942
August 27.5253 27.0379 27.3473
September 27.4048 26.7580 27.0769
October 27.6257 26.7756 27.2293
November 26.7746 26.1838 26.3572
December 27.8319 26.1221 26.8450