2020 GNF to UGX Historical Review

YEARLY HIGH

0.4121 UGX

YEARLY LOW

0.3642 UGX

YEARLY AVERAGE

0.3865 UGX

2020 GNF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.4121. Conversely, the yearly low was recorded on December 30, dropping to 0.3642.

This high-to-low spread represents a total annual volatility of 0.0479 UGX. From a start-to-finish perspective, comparing the January average rate of 0.3878 to the December average rate of 0.3686, the exchange rate registered a net change of -4.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4121 was down 0.09% compared to the 2019 peak of 0.4125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,060 UGX

2019 Average 2,007 UGX

Yearly Trough Low 1,821 UGX

Transaction Impact: A difference of 239.69 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4032

0.3654

JanuMarcMayJulySeptNove

GNF 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 0.3939, compared to 0.3791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.3939

H2 Avg (Jul–Dec) 0.3791

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0239 UGX (High: 0.4121 / Low: 0.3882). On the other end, July was the most stable month, with a tight range of 0.0044 UGX (High: 0.3869 / Low: 0.3825).

March Spread (Volatile) ±0.0239

July Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0103 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3974) against the same month in 2019 (average: 0.4035), the exchange rate shifted by -0.0061 (-1.50%).

2020 Avg (March) 0.3974

2019 Avg (March) 0.4035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3913	0.3838	0.3878
February	0.3930	0.3849	0.3883
March	0.4121	0.3882	0.3974
April	0.4025	0.3945	0.3983
May	0.4038	0.3965	0.4001
June	0.3986	0.3869	0.3912
July	0.3869	0.3825	0.3847
August	0.3844	0.3793	0.3813
September	0.3840	0.3780	0.3811
October	0.3826	0.3771	0.3802
November	0.3832	0.3764	0.3789
December	0.3765	0.3642	0.3686