2020 GHS to UGX Historical Review

YEARLY HIGH

690.7345 UGX

YEARLY LOW

616.4122 UGX

YEARLY AVERAGE

648.6300 UGX

2020 GHS to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 690.7345. Conversely, the yearly low was recorded on December 7, dropping to 616.4122.

This high-to-low spread represents a total annual volatility of 74.3223 UGX. From a start-to-finish perspective, comparing the January average rate of 650.8610 to the December average rate of 624.5883, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 690.7345 was down 10.54% compared to the 2019 peak of 772.0853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,453,673 UGX

2019 Average 3,453,604 UGX

Yearly Trough Low 3,082,061 UGX

Transaction Impact: A difference of 371,611.66 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

689.5212

618.6853

JanuMarcMayJulySeptNove

GHS 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 661.0435, compared to 636.2164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.8270 points.

H1 Avg (Jan–Jun) 661.0435

H2 Avg (Jul–Dec) 636.2164

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 31.6476 UGX (High: 688.7752 / Low: 657.1276). On the other end, August was the most stable month, with a tight range of 6.4232 UGX (High: 640.0062 / Low: 633.5830).

March Spread (Volatile) ±31.6476

August Spread (Stable) ±6.4232

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 20.1270 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -20.1270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 683.6182) against the same month in 2019 (average: 698.6183), the exchange rate shifted by -15.0001 (-2.15%).

2020 Avg (February) 683.6182

2019 Avg (February) 698.6183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	668.4716	642.7406	650.8610
February	690.7345	668.4716	683.6182
March	688.7752	657.1276	674.8995
April	661.3334	644.7972	654.7724
May	660.9570	653.2602	656.2548
June	657.9276	641.6670	645.8549
July	644.8288	637.8563	641.1456
August	640.0062	633.5830	637.0417
September	642.3431	635.7741	638.8736
October	643.4067	635.6894	639.6614
November	641.8029	631.9196	635.9880
December	632.6035	616.4122	624.5883