2020 BAM to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BAM to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BAM to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2294.5302. Conversely, the yearly low was recorded on February 19, dropping to 2022.2190.
This high-to-low spread represents a total annual volatility of 272.3111 UGX. From a start-to-finish perspective, comparing the January average rate of 2088.3200 to the December average rate of 2280.7844, the exchange rate registered a net change of 9.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 2294.5302 was up 4.63% compared to the 2019 peak of 2192.9263, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BAM 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 2105.3257, compared to 2230.2753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.9497 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 104.3862 UGX (High: 2236.3177 / Low: 2131.9315). On the other end, December was the most stable month, with a tight range of 30.0692 UGX (High: 2294.5302 / Low: 2264.4610).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 37.1475 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 2280.7844) against the same month in 2019 (average: 2087.2751), the exchange rate shifted by +193.5093 (+9.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2125.1399 | 2070.5760 | 2088.3200 |
| February | 2084.4074 | 2022.2190 | 2051.1726 |
| March | 2176.9927 | 2084.4074 | 2129.6803 |
| April | 2123.3401 | 2079.1313 | 2100.3108 |
| May | 2151.1470 | 2089.4575 | 2112.4884 |
| June | 2171.7549 | 2136.6333 | 2149.9819 |
| July | 2236.3177 | 2131.9315 | 2166.5179 |
| August | 2243.1722 | 2207.1006 | 2222.9155 |
| September | 2254.9473 | 2203.7706 | 2229.4598 |
| October | 2268.9678 | 2218.7907 | 2236.8744 |
| November | 2269.6807 | 2224.9746 | 2245.1000 |
| December | 2294.5302 | 2264.4610 | 2280.7844 |