YEARLY HIGH
68.5643 VEF
YEARLY LOW
65.7179 VEF
YEARLY AVERAGE
67.0847 VEF

2019 UGX to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the UGX to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 68.5643. Conversely, the yearly low was recorded on May 18, dropping to 65.7179.

This high-to-low spread represents a total annual volatility of 2.8464 VEF. From a start-to-finish perspective, comparing the January average rate of 67.0838 to the December average rate of 67.6249, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 68.5643 was up 1.89% compared to the 2018 peak of 67.2926, 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 342,822 VEF
2018 Average 169,826 VEF
Yearly Trough Low 328,590 VEF
Transaction Impact: A difference of 14,232.02 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

67.8172
65.8021
JanuMarcMayJulySeptNove

UGX to VEF 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 66.8017, compared to 67.3677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5660 points.

H1 Avg (Jan–Jun) 66.8017
H2 Avg (Jul–Dec) 67.3677

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 1.7377 VEF (High: 67.6104 / Low: 65.8727). On the other end, March was the most stable month, with a tight range of 0.4059 VEF (High: 67.2800 / Low: 66.8741).

June Spread (Volatile) ±1.7377
March Spread (Stable) ±0.4059

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 0.6007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 67.3274) against the same month in 2018 (average: 48.6693), the exchange rate shifted by +18.6581 (+38.34%).

2019 Avg (August) 67.3274
2018 Avg (August) 48.6693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.9384 66.5230 67.0838
February 67.8131 67.0901 67.6493
March 67.2800 66.8741 67.0666
April 66.9221 66.1188 66.4658
May 66.3747 65.7179 65.9701
June 67.6104 65.8727 66.5745
July 67.3971 66.7214 67.2153
August 68.5643 67.0984 67.3274
September 68.1853 67.2944 67.6083
October 67.7697 66.6398 67.1998
November 67.4587 66.9782 67.2305
December 67.8960 67.0685 67.6249