YEARLY HIGH
51.3466 UGX
YEARLY LOW
46.9469 UGX
YEARLY AVERAGE
48.3713 UGX

2020 AFN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 51.3466. Conversely, the yearly low was recorded on August 22, dropping to 46.9469.

This high-to-low spread represents a total annual volatility of 4.3997 UGX. From a start-to-finish perspective, comparing the January average rate of 47.6455 to the December average rate of 47.5575, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 51.3466 was up 3.40% compared to the 2019 peak of 49.6589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,733 UGX
2019 Average 237,907 UGX
Yearly Trough Low 234,735 UGX
Transaction Impact: A difference of 21,998.64 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

49.8587
47.3483
JanuMarcMayJulySeptNove

AFN 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 48.7392, compared to 48.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7357 points.

H1 Avg (Jan–Jun) 48.7392
H2 Avg (Jul–Dec) 48.0035

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.6874 UGX (High: 51.3466 / Low: 48.6593). On the other end, September was the most stable month, with a tight range of 0.4694 UGX (High: 48.3585 / Low: 47.8891).

March Spread (Volatile) ±2.6874
September Spread (Stable) ±0.4694

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.1954 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1954

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 49.4197) against the same month in 2019 (average: 49.1443), the exchange rate shifted by +0.2754 (+0.56%).

2020 Avg (March) 49.4197
2019 Avg (March) 49.1443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.1711 47.1165 47.6455
February 48.9118 47.1528 47.8006
March 51.3466 48.6593 49.4197
April 50.1247 49.0122 49.6495
May 49.8740 49.3234 49.5576
June 49.2781 47.9127 48.3622
July 48.3394 47.7930 48.0547
August 48.1195 46.9469 47.7080
September 48.3585 47.8891 48.1165
October 48.6929 48.0365 48.3784
November 48.6693 47.9227 48.2057
December 48.0632 47.1568 47.5575