2019 MAD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MAD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MAD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 395.1266. Conversely, the yearly low was recorded on September 26, dropping to 377.1484.
This high-to-low spread represents a total annual volatility of 17.9782 UGX. From a start-to-finish perspective, comparing the January average rate of 388.5985 to the December average rate of 381.8923, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 395.1266 was down 3.93% compared to the 2018 peak of 411.2971, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MAD 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 387.4866, compared to 383.0283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4583 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 12.0657 UGX (High: 395.1266 / Low: 383.0608). On the other end, July was the most stable month, with a tight range of 3.5370 UGX (High: 387.0797 / Low: 383.5427).
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 August and September, when the average rate fell by 5.1897 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 388.5985) against the same month in 2018 (average: 393.3892), the exchange rate shifted by -4.7907 (-1.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 395.1266 | 383.0608 | 388.5985 |
| February | 387.5305 | 383.5119 | 385.0330 |
| March | 387.6743 | 383.4051 | 385.4455 |
| April | 390.5839 | 383.6756 | 387.9217 |
| May | 391.7981 | 386.2629 | 389.3812 |
| June | 391.2763 | 385.5150 | 388.5397 |
| July | 387.0797 | 383.5427 | 385.4965 |
| August | 388.6192 | 381.5735 | 384.9872 |
| September | 384.0940 | 377.1484 | 379.7974 |
| October | 386.7444 | 377.8484 | 383.0187 |
| November | 385.9198 | 381.3723 | 382.9778 |
| December | 385.0305 | 379.9446 | 381.8923 |