2020 HNL to UGX Historical Review

YEARLY HIGH

157.3689 UGX

YEARLY LOW

145.0720 UGX

YEARLY AVERAGE

150.2628 UGX

2020 HNL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 157.3689. Conversely, the yearly low was recorded on January 14, dropping to 145.0720.

This high-to-low spread represents a total annual volatility of 12.2970 UGX. From a start-to-finish perspective, comparing the January average rate of 148.4159 to the December average rate of 151.1819, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 157.3689 was down 36.50% compared to the 2019 peak of 247.8210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 786,845 UGX

2019 Average 755,069 UGX

Yearly Trough Low 725,360 UGX

Transaction Impact: A difference of 61,484.94 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

152.4436

147.7606

JanuMarcMayJulySeptNove

HNL 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 150.2390, compared to 150.2867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 150.2390

H2 Avg (Jul–Dec) 150.2867

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.7047 UGX (High: 157.3689 / Low: 148.6642). On the other end, May was the most stable month, with a tight range of 1.4500 UGX (High: 152.7281 / Low: 151.2781).

March Spread (Volatile) ±8.7047

May Spread (Stable) ±1.4500

Growth Streaks & Declines

Trends

Between August and November, 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 1.9106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 151.4082) against the same month in 2019 (average: 151.1113), the exchange rate shifted by +0.2969 (+0.20%).

2020 Avg (March) 151.4082

2019 Avg (March) 151.1113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	150.1428	145.0720	148.4159
February	149.3040	147.2829	148.1509
March	157.3689	148.6642	151.4082
April	152.7475	150.8213	151.8035
May	152.7281	151.2781	151.7831
June	151.6108	149.0642	149.8725
July	150.3485	147.8812	148.8503
August	149.3464	147.8812	148.7211
September	150.8760	148.7054	149.6188
October	152.6063	149.7607	151.2946
November	152.6587	150.5082	152.0534
December	152.3089	150.4368	151.1819