YEARLY HIGH
2.4909 UGX
YEARLY LOW
2.3665 UGX
YEARLY AVERAGE
2.4347 UGX

2019 MMK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 2.4909. Conversely, the yearly low was recorded on February 13, dropping to 2.3665.

This high-to-low spread represents a total annual volatility of 0.1244 UGX. From a start-to-finish perspective, comparing the January average rate of 2.4166 to the December average rate of 2.4504, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4909 was down 11.86% compared to the 2018 peak of 2.8262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,454 UGX
2018 Average 12,977 UGX
Yearly Trough Low 11,833 UGX
Transaction Impact: A difference of 621.93 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.4711
2.3956
JanuMarcMayJulySeptNove

MMK 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 2.4375, compared to 2.4318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 2.4375
H2 Avg (Jul–Dec) 2.4318

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.0599 UGX (High: 2.4264 / Low: 2.3665). On the other end, November was the most stable month, with a tight range of 0.0248 UGX (High: 2.4561 / Low: 2.4313).

February Spread (Volatile) ±0.0599
November Spread (Stable) ±0.0248

Growth Streaks & Declines

Trends

Between September and December, 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 0.0317 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 2.4648) against the same month in 2018 (average: 2.7734), the exchange rate shifted by -0.3086 (-11.13%).

2019 Avg (April) 2.4648
2018 Avg (April) 2.7734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4342 2.3990 2.4166
February 2.4264 2.3665 2.4019
March 2.4545 2.4034 2.4325
April 2.4909 2.4341 2.4648
May 2.4784 2.4439 2.4600
June 2.4712 2.4250 2.4495
July 2.4593 2.4330 2.4454
August 2.4520 2.4220 2.4357
September 2.4245 2.3908 2.4040
October 2.4353 2.4004 2.4162
November 2.4561 2.4313 2.4394
December 2.4865 2.4273 2.4504