2019 TND to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TND to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TND to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1320.4726. Conversely, the yearly low was recorded on February 21, dropping to 1196.0161.
This high-to-low spread represents a total annual volatility of 124.4564 UGX. From a start-to-finish perspective, comparing the January average rate of 1250.0519 to the December average rate of 1294.8761, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 1320.4726 was down 14.70% compared to the 2018 peak of 1548.0734, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
TND 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 1242.3626, compared to 1291.7538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.3912 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 53.6581 UGX (High: 1307.7135 / Low: 1254.0555). On the other end, November was the most stable month, with a tight range of 18.8955 UGX (High: 1309.5584 / Low: 1290.6629).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 30.5638 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 1294.8761) against the same month in 2018 (average: 1262.5805), the exchange rate shifted by +32.2956 (+2.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1263.9461 | 1211.1048 | 1250.0519 |
| February | 1239.7171 | 1196.0161 | 1219.4881 |
| March | 1231.2372 | 1209.8765 | 1222.7925 |
| April | 1247.8662 | 1226.9814 | 1238.6964 |
| May | 1265.9410 | 1240.3395 | 1253.7664 |
| June | 1307.7135 | 1254.0555 | 1269.3805 |
| July | 1295.2561 | 1273.3203 | 1284.3087 |
| August | 1299.9505 | 1267.2733 | 1287.9006 |
| September | 1295.2909 | 1270.0208 | 1282.9743 |
| October | 1314.5835 | 1280.6101 | 1301.8248 |
| November | 1309.5584 | 1290.6629 | 1298.6383 |
| December | 1320.4726 | 1287.7613 | 1294.8761 |