YEARLY HIGH
63.9409 UGX
YEARLY LOW
56.0403 UGX
YEARLY AVERAGE
59.2281 UGX

2019 MZN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 63.9409. Conversely, the yearly low was recorded on February 19, dropping to 56.0403.

This high-to-low spread represents a total annual volatility of 7.9006 UGX. From a start-to-finish perspective, comparing the January average rate of 60.1134 to the December average rate of 58.2326, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 63.9409 was down 3.09% compared to the 2018 peak of 65.9821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 319,704 UGX
2018 Average 309,386 UGX
Yearly Trough Low 280,202 UGX
Transaction Impact: A difference of 39,502.76 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

60.9833
57.6608
JanuMarcMayJulySeptNove

MZN 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 59.1923, compared to 59.2639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0716 points.

H1 Avg (Jan–Jun) 59.1923
H2 Avg (Jul–Dec) 59.2639

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 4.4359 UGX (High: 63.9409 / Low: 59.5050). On the other end, October was the most stable month, with a tight range of 0.5993 UGX (High: 59.6272 / Low: 59.0279).

August Spread (Volatile) ±4.4359
October Spread (Stable) ±0.5993

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.2690 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2690

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 60.7064) against the same month in 2018 (average: 63.5356), the exchange rate shifted by -2.8292 (-4.45%).

2019 Avg (August) 60.7064
2018 Avg (August) 63.5356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.7642 59.0916 60.1134
February 59.3557 56.0403 58.8444
March 59.1776 57.8086 58.8446
April 58.3159 57.6326 57.9377
May 60.3820 57.9523 59.3747
June 60.6145 59.2317 60.0390
July 60.2691 59.1884 59.5297
August 63.9409 59.5050 60.7064
September 60.1977 59.1359 59.5250
October 59.6272 59.0279 59.3564
November 59.1043 57.6071 58.2334
December 59.7387 57.4207 58.2326