2020 ETB to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ETB to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ETB to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 120.1430. Conversely, the yearly low was recorded on December 30, dropping to 92.6641.
This high-to-low spread represents a total annual volatility of 27.4789 UGX. From a start-to-finish perspective, comparing the January average rate of 114.7425 to the December average rate of 94.7103, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 120.1430 was down 9.39% compared to the 2019 peak of 132.5968, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ETB 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 113.3611, compared to 100.2780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.0831 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 6.3455 UGX (High: 120.1430 / Low: 113.7975). On the other end, January was the most stable month, with a tight range of 1.8933 UGX (High: 115.8446 / Low: 113.9513).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.6904 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 115.5029) against the same month in 2019 (average: 129.8110), the exchange rate shifted by -14.3080 (-11.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 115.8446 | 113.9513 | 114.7425 |
| February | 115.9841 | 113.3478 | 114.5552 |
| March | 120.1430 | 113.7975 | 115.5029 |
| April | 116.0016 | 113.2927 | 114.4235 |
| May | 114.4068 | 110.4341 | 112.3165 |
| June | 110.4105 | 106.3655 | 108.6261 |
| July | 107.0860 | 104.5958 | 105.2635 |
| August | 105.4507 | 101.6998 | 102.8638 |
| September | 102.3075 | 100.3424 | 100.9077 |
| October | 100.9332 | 98.1739 | 99.9333 |
| November | 100.2705 | 96.8063 | 97.9891 |
| December | 96.8398 | 92.6641 | 94.7103 |