YEARLY HIGH
4488.1780 UGX
YEARLY LOW
3961.2200 UGX
YEARLY AVERAGE
4242.5487 UGX

2020 EUR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 4488.1780. Conversely, the yearly low was recorded on February 19, dropping to 3961.2200.

This high-to-low spread represents a total annual volatility of 526.9580 UGX. From a start-to-finish perspective, comparing the January average rate of 4084.4874 to the December average rate of 4461.5285, the exchange rate registered a net change of 9.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 4488.1780 was up 4.10% compared to the 2019 peak of 4311.2571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,440,890 UGX
2019 Average 20,743,103 UGX
Yearly Trough Low 19,806,100 UGX
Transaction Impact: A difference of 2,634,789.85 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

4506.2642
3969.4361
JanuMarcMayJulySeptNove

EUR 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 4121.0982, compared to 4363.9991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 242.9009 points.

H1 Avg (Jan–Jun) 4121.0982
H2 Avg (Jul–Dec) 4363.9991

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 234.5626 UGX (High: 4299.5781 / Low: 4065.0155). On the other end, December was the most stable month, with a tight range of 46.3271 UGX (High: 4488.1780 / Low: 4441.8509).

March Spread (Volatile) ±234.5626
December Spread (Stable) ±46.3271

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 70.3156 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -70.3156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 4461.5285) against the same month in 2019 (average: 4083.0634), the exchange rate shifted by +378.4651 (+9.27%).

2020 Avg (December) 4461.5285
2019 Avg (December) 4083.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4154.8157 4052.2991 4084.4874
February 4089.4863 3961.2200 4014.1718
March 4299.5781 4065.0155 4170.2630
April 4159.4032 4065.7381 4109.6749
May 4216.1588 4094.7703 4142.5207
June 4269.5670 4161.6360 4205.4717
July 4375.3576 4174.7619 4243.9895
August 4383.1479 4308.2570 4349.9125
September 4395.3207 4307.5900 4357.2642
October 4434.5543 4332.9174 4375.5261
November 4440.8765 4348.5329 4395.7739
December 4488.1780 4441.8509 4461.5285