2019 SGD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 SGD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the SGD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 2779.9404. Conversely, the yearly low was recorded on August 25, dropping to 2606.0014.
This high-to-low spread represents a total annual volatility of 173.9390 UGX. From a start-to-finish perspective, comparing the January average rate of 2731.3551 to the December average rate of 2708.8145, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 2779.9404 was down 3.44% compared to the 2018 peak of 2878.9048, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
SGD 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 2737.6630, compared to 2694.2216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 43.4414 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 86.3290 UGX (High: 2735.5411 / Low: 2649.2121). On the other end, December was the most stable month, with a tight range of 21.4951 UGX (High: 2722.1606 / Low: 2700.6655).
Growth Streaks & Declines
TrendsBetween February and April, 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 July and August, when the average rate fell by 50.4859 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2019: 2756.8381) against the same month in 2018 (average: 2808.8697), the exchange rate shifted by -52.0316 (-1.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2757.8865 | 2703.2855 | 2731.3551 |
| February | 2740.3108 | 2697.7107 | 2713.4459 |
| March | 2754.1634 | 2719.7945 | 2736.1672 |
| April | 2779.9404 | 2739.6430 | 2756.8381 |
| May | 2772.5621 | 2723.1988 | 2748.1383 |
| June | 2764.5993 | 2714.7928 | 2740.0334 |
| July | 2746.8025 | 2692.1736 | 2715.1466 |
| August | 2686.9181 | 2606.0014 | 2664.6607 |
| September | 2674.4037 | 2638.0496 | 2663.7347 |
| October | 2735.5411 | 2649.2121 | 2698.7072 |
| November | 2733.5314 | 2699.6763 | 2714.2662 |
| December | 2722.1606 | 2700.6655 | 2708.8145 |