YEARLY HIGH
10370.2470 UGX
YEARLY LOW
9665.7660 UGX
YEARLY AVERAGE
9854.1719 UGX

2020 BHD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 10370.2470. Conversely, the yearly low was recorded on December 29, dropping to 9665.7660.

This high-to-low spread represents a total annual volatility of 704.4810 UGX. From a start-to-finish perspective, comparing the January average rate of 9756.3589 to the December average rate of 9720.8701, 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 10370.2470 was up 3.41% compared to the 2019 peak of 10028.0172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,851,235 UGX
2019 Average 49,136,369 UGX
Yearly Trough Low 48,328,830 UGX
Transaction Impact: A difference of 3,522,405.06 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10067.4517
9689.3627
JanuMarcMayJulySeptNove

BHD 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 9908.1079, compared to 9800.2359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 107.8720 points.

H1 Avg (Jan–Jun) 9908.1079
H2 Avg (Jul–Dec) 9800.2359

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 545.8486 UGX (High: 10370.2470 / Low: 9824.3984). On the other end, May was the most stable month, with a tight range of 80.5024 UGX (High: 10066.3014 / Low: 9985.7990).

March Spread (Volatile) ±545.8486
May Spread (Stable) ±80.5024

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 134.1380 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -134.1380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 9984.6486) against the same month in 2019 (average: 9828.2767), the exchange rate shifted by +156.3719 (+1.59%).

2020 Avg (March) 9984.6486
2019 Avg (March) 9828.2767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9843.7308 9725.3986 9756.3589
February 9850.8968 9719.0205 9754.2145
March 10370.2470 9824.3984 9984.6486
April 10097.0199 9946.0453 10015.6750
May 10066.3014 9985.7990 10035.9443
June 10011.1496 9860.4302 9901.8063
July 9872.0669 9775.2394 9821.4228
August 9803.4769 9707.0980 9752.6971
September 9857.3157 9756.2755 9804.6348
October 9923.9244 9790.4644 9860.8476
November 9921.3533 9785.2831 9840.9429
December 9814.6141 9665.7660 9720.8701