YEARLY HIGH
77.0502 UGX
YEARLY LOW
70.4051 UGX
YEARLY AVERAGE
72.2116 UGX

2020 GMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 77.0502. Conversely, the yearly low was recorded on December 30, dropping to 70.4051.

This high-to-low spread represents a total annual volatility of 6.6452 UGX. From a start-to-finish perspective, comparing the January average rate of 71.8740 to the December average rate of 70.8136, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 77.0502 was up 0.60% compared to the 2019 peak of 76.5937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 385,251 UGX
2019 Average 369,826 UGX
Yearly Trough Low 352,025 UGX
Transaction Impact: A difference of 33,225.82 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

74.4870
70.4797
JanuMarcMayJulySeptNove

GMD 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 73.0456, compared to 71.3776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6680 points.

H1 Avg (Jan–Jun) 73.0456
H2 Avg (Jul–Dec) 71.3776

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.4878 UGX (High: 77.0502 / Low: 72.5624). On the other end, August was the most stable month, with a tight range of 0.6017 UGX (High: 71.2469 / Low: 70.6452).

March Spread (Volatile) ±4.4878
August Spread (Stable) ±0.6017

Growth Streaks & Declines

Trends

Between January and April, 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 1.3790 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 73.9640) against the same month in 2019 (average: 74.6704), the exchange rate shifted by -0.7064 (-0.95%).

2020 Avg (March) 73.9640
2019 Avg (March) 74.6704

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 72.4700 71.4831 71.8740
February 72.7442 71.7521 72.0546
March 77.0502 72.5624 73.9640
April 74.7001 73.5496 74.1531
May 74.3871 73.3483 73.8036
June 73.3909 72.0237 72.4246
July 72.2415 71.1332 71.5615
August 71.2469 70.6452 70.9618
September 71.8135 70.9959 71.4123
October 72.3102 71.3353 71.8408
November 72.2796 71.3053 71.6758
December 71.5143 70.4051 70.8136