YEARLY HIGH
505.6450 UGX
YEARLY LOW
470.0041 UGX
YEARLY AVERAGE
479.1911 UGX

2020 HKD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 505.6450. Conversely, the yearly low was recorded on December 29, dropping to 470.0041.

This high-to-low spread represents a total annual volatility of 35.6409 UGX. From a start-to-finish perspective, comparing the January average rate of 473.2149 to the December average rate of 472.7934, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 505.6450 was up 4.98% compared to the 2019 peak of 481.6749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 12,641,125 UGX
2019 Average 11,820,226 UGX
Yearly Trough Low 11,750,103 UGX
Transaction Impact: A difference of 891,022.13 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

490.3838
471.1942
JanuMarcMayJulySeptNove

HKD 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 481.6594, compared to 476.7229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9366 points.

H1 Avg (Jan–Jun) 481.6594
H2 Avg (Jul–Dec) 476.7229

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 29.8228 UGX (High: 505.6450 / Low: 475.8223). On the other end, May was the most stable month, with a tight range of 3.5496 UGX (High: 490.5223 / Low: 486.9727).

March Spread (Volatile) ±29.8228
May Spread (Stable) ±3.5496

Growth Streaks & Declines

Trends

Between February and May, 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 6.6479 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.6479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 485.0523) against the same month in 2019 (average: 472.0267), the exchange rate shifted by +13.0256 (+2.76%).

2020 Avg (March) 485.0523
2019 Avg (March) 472.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 477.5644 470.7050 473.2149
February 475.9433 471.3040 472.9084
March 505.6450 475.8223 485.0523
April 491.0785 484.0282 487.8594
May 490.5223 486.9727 488.7847
June 487.6192 480.0467 482.1368
July 480.9462 475.5287 477.8007
August 476.8330 472.1620 474.4097
September 479.7177 474.4817 476.9918
October 482.8438 476.3081 479.7198
November 482.3829 475.9052 478.6218
December 477.3955 470.0041 472.7934