YEARLY HIGH
1960.1582 UGX
YEARLY LOW
1822.1660 UGX
YEARLY AVERAGE
1858.4076 UGX

2020 BBD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BBD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 1960.1582. Conversely, the yearly low was recorded on December 29, dropping to 1822.1660.

This high-to-low spread represents a total annual volatility of 137.9921 UGX. From a start-to-finish perspective, comparing the January average rate of 1839.2410 to the December average rate of 1832.6053, 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 1960.1582 was up 3.68% compared to the 2019 peak of 1890.5620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,800,791 UGX
2019 Average 9,261,315 UGX
Yearly Trough Low 9,110,830 UGX
Transaction Impact: A difference of 689,960.61 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1901.2860
1826.3616
JanuMarcMayJulySeptNove

BBD 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 1869.1992, compared to 1847.6160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.5832 points.

H1 Avg (Jan–Jun) 1869.1992
H2 Avg (Jul–Dec) 1847.6160

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 109.8162 UGX (High: 1960.1582 / Low: 1850.3419). On the other end, May was the most stable month, with a tight range of 13.7175 UGX (High: 1901.3331 / Low: 1887.6156).

March Spread (Volatile) ±109.8162
May Spread (Stable) ±13.7175

Growth Streaks & Declines

Trends

Between 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 26.6399 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -26.6399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1883.2163) against the same month in 2019 (average: 1852.5502), the exchange rate shifted by +30.6661 (+1.66%).

2020 Avg (March) 1883.2163
2019 Avg (March) 1852.5502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1855.7401 1831.5611 1839.2410
February 1854.9780 1832.1983 1838.4551
March 1960.1582 1850.3419 1883.2163
April 1903.3589 1876.2505 1890.8380
May 1901.3331 1887.6156 1895.0423
June 1889.8147 1860.2891 1868.4024
July 1863.8314 1842.7059 1851.7968
August 1847.7887 1829.7103 1838.4621
September 1858.9419 1838.7945 1848.4045
October 1871.0258 1845.8011 1859.1289
November 1870.2346 1845.0249 1855.2980
December 1850.4326 1822.1660 1832.6053