2019 UGX to GNF Historical Review

YEARLY HIGH

2.6096 GNF

YEARLY LOW

2.4244 GNF

YEARLY AVERAGE

2.4919 GNF

2019 UGX to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the UGX to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.6096. Conversely, the yearly low was recorded on June 3, dropping to 2.4244.

This high-to-low spread represents a total annual volatility of 0.1852 GNF. From a start-to-finish perspective, comparing the January average rate of 2.4732 to the December average rate of 2.5797, the exchange rate registered a net change of 4.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.6096 was up 4.83% compared to the 2018 peak of 2.4894, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,048 GNF

2018 Average 12,147 GNF

Yearly Trough Low 12,122 GNF

Transaction Impact: A difference of 925.81 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5938

2.4247

JanuMarcMayJulySeptNove

UGX to GNF 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 2.4672, compared to 2.5165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 2.4672

H2 Avg (Jul–Dec) 2.5165

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.1322 GNF (High: 2.5768 / Low: 2.4446). On the other end, August was the most stable month, with a tight range of 0.0217 GNF (High: 2.5035 / Low: 2.4818).

November Spread (Volatile) ±0.1322

August Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between May and September, 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 March and April, when the average rate fell by 0.0238 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.5797) against the same month in 2018 (average: 2.4650), the exchange rate shifted by +0.1147 (+4.65%).

2019 Avg (December) 2.5797

2018 Avg (December) 2.4650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5003	2.4445	2.4732
February	2.5143	2.4747	2.4976
March	2.4943	2.4556	2.4783
April	2.4777	2.4284	2.4545
May	2.4607	2.4261	2.4388
June	2.4978	2.4244	2.4609
July	2.5006	2.4723	2.4903
August	2.5035	2.4818	2.4920
September	2.5209	2.4907	2.5083
October	2.5139	2.4753	2.4994
November	2.5768	2.4446	2.5293
December	2.6096	2.5560	2.5797