2019 ZAR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ZAR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ZAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 277.6793. Conversely, the yearly low was recorded on August 25, dropping to 236.0341.
This high-to-low spread represents a total annual volatility of 41.6452 UGX. From a start-to-finish perspective, comparing the January average rate of 267.8354 to the December average rate of 255.3822, the exchange rate registered a net change of -4.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 277.6793 was down 12.50% compared to the 2018 peak of 317.3323, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ZAR 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 262.2394, compared to 251.1310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.1083 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 22.9353 UGX (High: 277.6793 / Low: 254.7440). On the other end, November was the most stable month, with a tight range of 5.5786 UGX (High: 252.4264 / Low: 246.8478).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 19.6708 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 267.8354) against the same month in 2018 (average: 298.6445), the exchange rate shifted by -30.8091 (-10.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 277.6793 | 254.7440 | 267.8354 |
| February | 275.5241 | 259.8054 | 266.1235 |
| March | 261.0944 | 253.6625 | 257.4518 |
| April | 270.2306 | 258.7632 | 264.3370 |
| May | 266.5031 | 254.1641 | 261.4116 |
| June | 262.2936 | 251.1645 | 256.2769 |
| July | 266.4335 | 257.9731 | 262.8616 |
| August | 253.1290 | 236.0341 | 243.1908 |
| September | 251.9585 | 241.5326 | 247.1691 |
| October | 254.9827 | 239.4032 | 248.3837 |
| November | 252.4264 | 246.8478 | 249.7987 |
| December | 261.5329 | 249.0756 | 255.3822 |