2019 NGN to UGX Historical Review

YEARLY HIGH

12.2994 UGX

YEARLY LOW

10.0051 UGX

YEARLY AVERAGE

10.2961 UGX

2019 NGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 12.2994. Conversely, the yearly low was recorded on August 25, dropping to 10.0051.

This high-to-low spread represents a total annual volatility of 2.2943 UGX. From a start-to-finish perspective, comparing the January average rate of 10.1933 to the December average rate of 10.1337, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.2994 was up 13.31% compared to the 2018 peak of 10.8551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 12,299,447 UGX

2018 Average 10,314,134 UGX

Yearly Trough Low 10,005,116 UGX

Transaction Impact: A difference of 2,294,331.43 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.8558

10.0680

JanuMarcMayJulySeptNove

NGN 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 10.3788, compared to 10.2134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1654 points.

H1 Avg (Jan–Jun) 10.3788

H2 Avg (Jul–Dec) 10.2134

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 2.0900 UGX (High: 12.2994 / Low: 10.2094). On the other end, November was the most stable month, with a tight range of 0.0827 UGX (High: 10.2486 / Low: 10.1659).

June Spread (Volatile) ±2.0900

November Spread (Stable) ±0.0827

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.5338 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 10.7901) against the same month in 2018 (average: 10.6539), the exchange rate shifted by +0.1362 (+1.28%).

2019 Avg (June) 10.7901

2018 Avg (June) 10.6539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2438	10.1107	10.1933
February	10.2456	10.1101	10.1616
March	10.3422	10.2317	10.2884
April	10.4364	10.3033	10.3823
May	10.4980	10.3643	10.4571
June	12.2994	10.2094	10.7901
July	10.2908	10.2032	10.2563
August	12.0264	10.0051	10.2986
September	10.2529	10.1086	10.1661
October	10.3148	10.1399	10.2217
November	10.2486	10.1659	10.2042
December	10.2172	10.0803	10.1337