2020 GEL to UGX Historical Review

YEARLY HIGH

1341.2587 UGX

YEARLY LOW

1093.7045 UGX

YEARLY AVERAGE

1197.0625 UGX

2020 GEL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 1341.2587. Conversely, the yearly low was recorded on November 5, dropping to 1093.7045.

This high-to-low spread represents a total annual volatility of 247.5542 UGX. From a start-to-finish perspective, comparing the January average rate of 1278.2710 to the December average rate of 1112.6281, the exchange rate registered a net change of -12.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1341.2587 was down 4.31% compared to the 2019 peak of 1401.6376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,706,293 UGX

2019 Average 6,589,108 UGX

Yearly Trough Low 5,468,522 UGX

Transaction Impact: A difference of 1,237,771.01 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1311.5527

1094.5441

JanuMarcMayJulySeptNove

GEL 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 1236.9908, compared to 1157.1342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 79.8566 points.

H1 Avg (Jan–Jun) 1236.9908

H2 Avg (Jul–Dec) 1157.1342

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 214.6606 UGX (High: 1341.2587 / Low: 1126.5980). On the other end, May was the most stable month, with a tight range of 11.4831 UGX (High: 1190.1951 / Low: 1178.7121).

March Spread (Volatile) ±214.6606

May Spread (Stable) ±11.4831

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 67.0107 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -67.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1255.2569) against the same month in 2019 (average: 1381.5971), the exchange rate shifted by -126.3403 (-9.14%).

2020 Avg (March) 1255.2569

2019 Avg (March) 1381.5971

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1297.7204	1269.7131	1278.2710
February	1329.1549	1270.4417	1293.4686
March	1341.2587	1126.5980	1255.2569
April	1200.3967	1155.7595	1188.2462
May	1190.1951	1178.7121	1183.2785
June	1276.7815	1181.0274	1223.4235
July	1217.6698	1190.7631	1205.3306
August	1197.9181	1178.8939	1189.5374
September	1199.3461	1105.8050	1163.9226
October	1158.5299	1132.8647	1152.9597
November	1154.1577	1093.7045	1118.4267
December	1121.3334	1106.8315	1112.6281