2020 AWG to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 AWG to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the AWG to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 2177.9535. Conversely, the yearly low was recorded on December 29, dropping to 2024.6289.
This high-to-low spread represents a total annual volatility of 153.3246 UGX. From a start-to-finish perspective, comparing the January average rate of 2043.6011 to the December average rate of 2036.2282, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 2177.9535 was up 3.60% compared to the 2019 peak of 2102.3680, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
AWG 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 2076.8667, compared to 2052.8788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.9879 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 122.0180 UGX (High: 2177.9535 / Low: 2055.9355). On the other end, May was the most stable month, with a tight range of 15.2417 UGX (High: 2112.5923 / Low: 2097.3506).
Growth Streaks & Declines
TrendsBetween February and May, 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 29.6012 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 2092.4625) against the same month in 2019 (average: 2056.2166), the exchange rate shifted by +36.2459 (+1.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2061.9335 | 2035.0679 | 2043.6011 |
| February | 2061.0867 | 2035.7759 | 2042.6858 |
| March | 2177.9535 | 2055.9355 | 2092.4625 |
| April | 2114.8433 | 2084.7227 | 2100.9409 |
| May | 2112.5923 | 2097.3506 | 2105.5555 |
| June | 2099.7941 | 2066.9879 | 2075.9542 |
| July | 2070.9238 | 2047.4510 | 2057.4695 |
| August | 2052.8705 | 2033.0115 | 2042.6989 |
| September | 2065.4910 | 2043.1050 | 2053.7353 |
| October | 2078.9176 | 2050.8902 | 2065.6988 |
| November | 2078.0385 | 2050.0277 | 2061.4422 |
| December | 2056.0362 | 2024.6289 | 2036.2282 |