2020 CNY to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CNY to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CNY to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 566.5245. Conversely, the yearly low was recorded on February 24, dropping to 522.5169.
This high-to-low spread represents a total annual volatility of 44.0076 UGX. From a start-to-finish perspective, comparing the January average rate of 531.2430 to the December average rate of 560.4134, the exchange rate registered a net change of 5.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 566.5245 was up 1.21% compared to the 2019 peak of 559.7585, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CNY to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 531.4711, compared to 546.1395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6684 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 27.1308 UGX (High: 555.0419 / Low: 527.9111). On the other end, July was the most stable month, with a tight range of 5.5100 UGX (High: 531.3364 / Low: 525.8264).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 5.9166 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 561.9943) against the same month in 2019 (average: 526.4084), the exchange rate shifted by +35.5859 (+6.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 535.7202 | 526.4219 | 531.2430 |
| February | 530.3769 | 522.5169 | 525.5885 |
| March | 555.0419 | 527.9111 | 535.9828 |
| April | 538.6044 | 530.8476 | 534.8085 |
| May | 538.0928 | 528.0092 | 533.5603 |
| June | 531.8420 | 525.2382 | 527.6437 |
| July | 531.3364 | 525.8264 | 528.2935 |
| August | 536.1588 | 527.4903 | 530.5599 |
| September | 547.7201 | 538.5647 | 542.5344 |
| October | 562.5785 | 543.6182 | 553.0415 |
| November | 566.5245 | 558.0524 | 561.9943 |
| December | 564.1046 | 556.8756 | 560.4134 |