YEARLY HIGH
627.4050 UGX
YEARLY LOW
438.6966 UGX
YEARLY AVERAGE
534.4150 UGX

2020 TRY to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 627.4050. Conversely, the yearly low was recorded on November 7, dropping to 438.6966.

This high-to-low spread represents a total annual volatility of 188.7084 UGX. From a start-to-finish perspective, comparing the January average rate of 620.8627 to the December average rate of 475.9810, the exchange rate registered a net change of -23.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 627.4050 was down 11.75% compared to the 2019 peak of 710.9580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 31,370,249 UGX
2019 Average 32,637,240 UGX
Yearly Trough Low 21,934,831 UGX
Transaction Impact: A difference of 9,435,418.60 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

636.2997
451.0553
JanuMarcMayJulySeptNove

TRY 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 578.0713, compared to 490.7587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 87.3126 points.

H1 Avg (Jan–Jun) 578.0713
H2 Avg (Jul–Dec) 490.7587

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 52.4026 UGX (High: 491.0992 / Low: 438.6966). On the other end, January was the most stable month, with a tight range of 12.8623 UGX (High: 627.4050 / Low: 614.5426).

November Spread (Volatile) ±52.4026
January Spread (Stable) ±12.8623

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 41.5171 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -41.5171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 620.8627) against the same month in 2019 (average: 691.2883), the exchange rate shifted by -70.4256 (-10.19%).

2020 Avg (January) 620.8627
2019 Avg (January) 691.2883

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 627.4050 614.5426 620.8627
February 615.2888 594.0286 606.1756
March 608.9533 573.9409 593.6496
April 573.7675 542.0680 552.1325
May 562.6389 528.1627 547.4780
June 561.6443 543.0556 548.1297
July 544.4020 528.2608 539.0195
August 531.9250 496.1531 505.3408
September 499.5872 475.0755 489.8342
October 479.0810 448.0125 467.8845
November 491.0992 438.6966 466.4924
December 493.8523 467.0691 475.9810