YEARLY HIGH
277.6793 UGX
YEARLY LOW
236.0341 UGX
YEARLY AVERAGE
256.6852 UGX

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 13,883,964 UGX
2018 Average 14,144,401 UGX
Yearly Trough Low 11,801,703 UGX
Transaction Impact: A difference of 2,082,261.38 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

270.2999
240.7263
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 262.2394
H2 Avg (Jul–Dec) 251.1310

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±22.9353
November Spread (Stable) ±5.5786

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -19.6708

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 267.8354
2018 Avg (January) 298.6445

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