2020 CVE to UGX Historical Review

YEARLY HIGH

40.5576 UGX

YEARLY LOW

14.6737 UGX

YEARLY AVERAGE

38.2511 UGX

2020 CVE to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 40.5576. Conversely, the yearly low was recorded on March 18, dropping to 14.6737.

This high-to-low spread represents a total annual volatility of 25.8839 UGX. From a start-to-finish perspective, comparing the January average rate of 36.9113 to the December average rate of 40.3136, 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 40.5576 was up 4.58% compared to the 2019 peak of 38.7808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,788 UGX

2019 Average 187,513 UGX

Yearly Trough Low 73,369 UGX

Transaction Impact: A difference of 129,419.44 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

40.7199

35.8441

JanuMarcMayJulySeptNove

CVE 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 37.0812, compared to 39.4209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3397 points.

H1 Avg (Jan–Jun) 37.0812

H2 Avg (Jul–Dec) 39.4209

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 23.7644 UGX (High: 38.4381 / Low: 14.6737). On the other end, December was the most stable month, with a tight range of 0.4913 UGX (High: 40.5576 / Low: 40.0663).

March Spread (Volatile) ±23.7644

December Spread (Stable) ±0.4913

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6609 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.6609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 40.3136) against the same month in 2019 (average: 36.8439), the exchange rate shifted by +3.4696 (+9.42%).

2020 Avg (December) 40.3136

2019 Avg (December) 36.8439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.5086	36.5924	36.9113
February	36.8051	35.7439	36.2504
March	38.4381	14.6737	36.8264
April	37.5455	36.7221	37.1302
May	37.9716	36.9533	37.3899
June	38.4337	37.5649	37.9790
July	39.3142	36.8286	38.2460
August	39.7598	38.9674	39.3847
September	39.7809	38.8825	39.3918
October	40.1477	39.2323	39.5179
November	40.1489	39.2992	39.6715
December	40.5576	40.0663	40.3136