2020 AOA to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 AOA to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the AOA to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 7.6965. Conversely, the yearly low was recorded on November 16, dropping to 5.5373.
This high-to-low spread represents a total annual volatility of 2.1592 UGX. From a start-to-finish perspective, comparing the January average rate of 7.5256 to the December average rate of 5.5923, the exchange rate registered a net change of -25.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 7.6965 was down 36.19% compared to the 2019 peak of 12.0611, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AOA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
AOA 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 7.0324, compared to 5.9474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0850 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was August, with a trading range of 0.5602 UGX (High: 6.6730 / Low: 6.1128). On the other end, December was the most stable month, with a tight range of 0.0903 UGX (High: 5.6518 / Low: 5.5615).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6359 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 7.5256) against the same month in 2019 (average: 11.9418), the exchange rate shifted by -4.4162 (-36.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.6965 | 7.4024 | 7.5256 |
| February | 7.5309 | 7.4036 | 7.4350 |
| March | 7.5777 | 7.0270 | 7.4097 |
| April | 7.0744 | 6.6451 | 6.7738 |
| May | 6.9582 | 6.4197 | 6.7133 |
| June | 6.5879 | 6.1464 | 6.3372 |
| July | 6.6730 | 6.3659 | 6.5030 |
| August | 6.6730 | 6.1128 | 6.2766 |
| September | 6.0823 | 5.8972 | 5.9611 |
| October | 5.8843 | 5.6190 | 5.7417 |
| November | 5.7253 | 5.5373 | 5.6097 |
| December | 5.6518 | 5.5615 | 5.5923 |