YEARLY HIGH
248.9033 UGX
YEARLY LOW
228.5940 UGX
YEARLY AVERAGE
235.1057 UGX

2020 EGP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 248.9033. Conversely, the yearly low was recorded on January 2, dropping to 228.5940.

This high-to-low spread represents a total annual volatility of 20.3094 UGX. From a start-to-finish perspective, comparing the January average rate of 231.3854 to the December average rate of 233.6047, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 248.9033 was up 7.67% compared to the 2019 peak of 231.1627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,244,517 UGX
2019 Average 1,102,762 UGX
Yearly Trough Low 1,142,970 UGX
Transaction Impact: A difference of 101,546.88 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

241.4701
229.7553
JanuMarcMayJulySeptNove

EGP 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 236.2486, compared to 233.9628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2858 points.

H1 Avg (Jan–Jun) 236.2486
H2 Avg (Jul–Dec) 233.9628

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 12.7646 UGX (High: 248.9033 / Low: 236.1388). On the other end, July was the most stable month, with a tight range of 1.8720 UGX (High: 232.5580 / Low: 230.6861).

March Spread (Volatile) ±12.7646
July Spread (Stable) ±1.8720

Growth Streaks & Declines

Trends

Between August and November, 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 9.3299 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.3299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 240.1198) against the same month in 2019 (average: 213.2503), the exchange rate shifted by +26.8695 (+12.60%).

2020 Avg (March) 240.1198
2019 Avg (March) 213.2503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 233.2153 228.5940 231.3854
February 237.2702 231.9599 234.4669
March 248.9033 236.1388 240.1198
April 241.7148 237.5331 239.8617
May 244.4718 238.6474 240.4939
June 237.1874 229.8839 231.1640
July 232.5580 230.6861 231.3712
August 232.1097 229.6237 230.7316
September 235.8899 231.7015 234.3021
October 238.7647 234.8915 236.6988
November 238.4272 235.8128 237.0686
December 236.3200 231.6656 233.6047