2019 MVR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MVR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MVR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 245.7663. Conversely, the yearly low was recorded on August 25, dropping to 233.8162.
This high-to-low spread represents a total annual volatility of 11.9500 UGX. From a start-to-finish perspective, comparing the January average rate of 239.2307 to the December average rate of 237.9441, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 245.7663 was down 3.15% compared to the 2018 peak of 253.7697, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MVR 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 240.7509, compared to 238.9733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7776 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 7.8351 UGX (High: 244.9503 / Low: 237.1152). On the other end, November was the most stable month, with a tight range of 1.6368 UGX (High: 240.4058 / Low: 238.7690).
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 May and June, when the average rate fell by 2.9375 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2019: 244.3258) against the same month in 2018 (average: 240.3990), the exchange rate shifted by +3.9267 (+1.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 241.6148 | 235.9707 | 239.2307 |
| February | 239.7278 | 236.8351 | 237.5964 |
| March | 241.0899 | 238.4135 | 239.6818 |
| April | 243.6440 | 240.3286 | 242.2822 |
| May | 245.7663 | 242.9806 | 244.3258 |
| June | 244.9503 | 237.1152 | 241.3883 |
| July | 240.6202 | 238.6358 | 239.3398 |
| August | 240.3057 | 233.8162 | 238.6645 |
| September | 239.7763 | 235.8773 | 238.4781 |
| October | 242.1309 | 238.3801 | 239.8515 |
| November | 240.4058 | 238.7690 | 239.5616 |
| December | 240.5833 | 236.7287 | 237.9441 |