YEARLY HIGH
595.9301 UGX
YEARLY LOW
531.7697 UGX
YEARLY AVERAGE
562.6411 UGX

2020 HRK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HRK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 595.9301. Conversely, the yearly low was recorded on February 20, dropping to 531.7697.

This high-to-low spread represents a total annual volatility of 64.1603 UGX. From a start-to-finish perspective, comparing the January average rate of 548.7050 to the December average rate of 591.6024, the exchange rate registered a net change of 7.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 595.9301 was up 2.66% compared to the 2019 peak of 580.4955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,979,650 UGX
2019 Average 2,795,604 UGX
Yearly Trough Low 2,658,849 UGX
Transaction Impact: A difference of 320,801.74 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

596.9094
533.2253
JanuMarcMayJulySeptNove

HRK 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 546.7385, compared to 578.5438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.8053 points.

H1 Avg (Jan–Jun) 546.7385
H2 Avg (Jul–Dec) 578.5438

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 31.3612 UGX (High: 584.3738 / Low: 553.0126). On the other end, December was the most stable month, with a tight range of 7.1253 UGX (High: 595.9301 / Low: 588.8048).

July Spread (Volatile) ±31.3612
December Spread (Stable) ±7.1253

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 10.1727 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -10.1727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 591.6024) against the same month in 2019 (average: 548.6355), the exchange rate shifted by +42.9669 (+7.83%).

2020 Avg (December) 591.6024
2019 Avg (December) 548.6355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 556.2624 544.5687 548.7050
February 547.9258 531.7697 538.5323
March 564.9603 533.8972 550.3008
April 549.2013 533.0950 541.2922
May 552.9277 540.7939 545.9841
June 563.9916 549.9403 555.6164
July 584.3738 553.0126 563.6734
August 586.7890 573.4400 579.4349
September 583.2049 570.5489 577.7051
October 585.5567 572.4835 577.6639
November 587.4698 574.3579 581.1828
December 595.9301 588.8048 591.6024