YEARLY HIGH
2.4754 UGX
YEARLY LOW
1.8467 UGX
YEARLY AVERAGE
2.0183 UGX

2020 CDF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 2.4754. Conversely, the yearly low was recorded on December 28, dropping to 1.8467.

This high-to-low spread represents a total annual volatility of 0.6288 UGX. From a start-to-finish perspective, comparing the January average rate of 2.1810 to the December average rate of 1.8798, the exchange rate registered a net change of -13.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4754 was up 7.22% compared to the 2019 peak of 2.3088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,377 UGX
2019 Average 11,208 UGX
Yearly Trough Low 9,233 UGX
Transaction Impact: A difference of 3,143.79 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2432
1.8390
JanuMarcMayJulySeptNove

CDF 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 2.1476, compared to 1.8890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2586 points.

H1 Avg (Jan–Jun) 2.1476
H2 Avg (Jul–Dec) 1.8890

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.6288 UGX (High: 2.4754 / Low: 1.8467). On the other end, September was the most stable month, with a tight range of 0.0207 UGX (High: 1.8956 / Low: 1.8749).

December Spread (Volatile) ±0.6288
September Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1260 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.8798) against the same month in 2019 (average: 2.1896), the exchange rate shifted by -0.3098 (-14.15%).

2020 Avg (December) 1.8798
2019 Avg (December) 2.1896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1999 2.1747 2.1810
February 2.1882 2.1667 2.1751
March 2.2890 2.1783 2.2096
April 2.2244 2.1833 2.2009
May 2.1978 2.0719 2.1225
June 2.0697 1.9392 1.9965
July 1.9466 1.8736 1.9035
August 1.8841 1.8531 1.8727
September 1.8956 1.8749 1.8834
October 2.0473 1.8820 1.9075
November 1.9054 1.8750 1.8871
December 2.4754 1.8467 1.8798