YEARLY HIGH
2294.5302 UGX
YEARLY LOW
2022.2190 UGX
YEARLY AVERAGE
2167.8005 UGX

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.

Transfer Payout Power Comparison

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

Yearly Peak High 11,472,651 UGX
2019 Average 10,604,754 UGX
Yearly Trough Low 10,111,095 UGX
Transaction Impact: A difference of 1,361,555.74 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2303.7456
2028.2114
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2105.3257
H2 Avg (Jul–Dec) 2230.2753

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±104.3862
December Spread (Stable) ±30.0692

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 8 Mo.
Sharpest MoM Drop -37.1475

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 2280.7844
2019 Avg (December) 2087.2751

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