2020 BGN to UGX Historical Review

YEARLY HIGH

2293.5689 UGX

YEARLY LOW

2024.7756 UGX

YEARLY AVERAGE

2168.4666 UGX

2020 BGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 2293.5689. Conversely, the yearly low was recorded on February 19, dropping to 2024.7756.

This high-to-low spread represents a total annual volatility of 268.7933 UGX. From a start-to-finish perspective, comparing the January average rate of 2088.2336 to the December average rate of 2280.6891, 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 2293.5689 was up 4.12% compared to the 2019 peak of 2202.7843, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,467,844 UGX

2019 Average 10,601,962 UGX

Yearly Trough Low 10,123,878 UGX

Transaction Impact: A difference of 1,343,966.41 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2303.4593

2030.2167

JanuMarcMayJulySeptNove

BGN 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 2105.9100, compared to 2231.0232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 125.1133 points.

H1 Avg (Jan–Jun) 2105.9100

H2 Avg (Jul–Dec) 2231.0232

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 115.7955 UGX (High: 2197.3471 / Low: 2081.5517). On the other end, December was the most stable month, with a tight range of 24.2377 UGX (High: 2293.5689 / Low: 2269.3311).

March Spread (Volatile) ±115.7955

December Spread (Stable) ±24.2377

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 35.2466 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -35.2466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2280.6891) against the same month in 2019 (average: 2087.5417), the exchange rate shifted by +193.1474 (+9.25%).

2020 Avg (December) 2280.6891

2019 Avg (December) 2087.5417

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2124.4124	2072.1879	2088.2336
February	2092.3129	2024.7756	2052.9869
March	2197.3471	2081.5517	2128.6366
April	2127.8852	2076.6301	2101.3266
May	2145.3913	2092.7023	2114.2098
June	2183.2067	2127.8592	2150.0663
July	2232.2504	2132.3170	2169.7865
August	2241.1794	2205.8379	2224.1974
September	2247.1456	2199.9157	2226.8879
October	2270.1654	2214.9942	2237.4982
November	2270.1158	2220.4856	2247.0806
December	2293.5689	2269.3311	2280.6891