YEARLY HIGH
12.6850 UGX
YEARLY LOW
11.1478 UGX
YEARLY AVERAGE
12.0806 UGX

2020 HUF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 12.6850. Conversely, the yearly low was recorded on April 4, dropping to 11.1478.

This high-to-low spread represents a total annual volatility of 1.5372 UGX. From a start-to-finish perspective, comparing the January average rate of 12.2265 to the December average rate of 12.4308, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.6850 was down 6.13% compared to the 2019 peak of 13.5131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 12,684,984 UGX
2019 Average 12,757,072 UGX
Yearly Trough Low 11,147,801 UGX
Transaction Impact: A difference of 1,537,182.86 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.5702
11.4323
JanuMarcMayJulySeptNove

HUF 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 11.9325, compared to 12.2287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2962 points.

H1 Avg (Jan–Jun) 11.9325
H2 Avg (Jul–Dec) 12.2287

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2488 UGX (High: 12.6072 / Low: 11.3584). On the other end, February was the most stable month, with a tight range of 0.3829 UGX (High: 12.0956 / Low: 11.7127).

March Spread (Volatile) ±1.2488
February Spread (Stable) ±0.3829

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5362 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 12.4753) against the same month in 2019 (average: 12.5565), the exchange rate shifted by -0.0812 (-0.65%).

2020 Avg (August) 12.4753
2019 Avg (August) 12.5565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.6005 11.9922 12.2265
February 12.0956 11.7127 11.8930
March 12.6072 11.3584 12.0633
April 11.7950 11.1478 11.5271
May 12.1074 11.5415 11.7867
June 12.3849 11.7724 12.0980
July 12.6795 11.8064 12.0933
August 12.6850 12.2240 12.4753
September 12.3168 11.8015 12.0906
October 12.2976 11.8708 12.0728
November 12.3793 11.8617 12.2091
December 12.6451 12.2413 12.4308