YEARLY HIGH
0.0931 UGX
YEARLY LOW
0.0561 UGX
YEARLY AVERAGE
0.0882 UGX

2020 IRR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IRR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.0931. Conversely, the yearly low was recorded on July 7, dropping to 0.0561.

This high-to-low spread represents a total annual volatility of 0.0370 UGX. From a start-to-finish perspective, comparing the January average rate of 0.0874 to the December average rate of 0.0870, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0931 was up 3.68% compared to the 2019 peak of 0.0898, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 466 UGX
2019 Average 439 UGX
Yearly Trough Low 281 UGX
Transaction Impact: A difference of 184.81 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0903
0.0866
JanuMarcMayJulySeptNove

IRR 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 0.0888, compared to 0.0876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0888
H2 Avg (Jul–Dec) 0.0876

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0323 UGX (High: 0.0884 / Low: 0.0561). On the other end, May was the most stable month, with a tight range of 0.0007 UGX (High: 0.0903 / Low: 0.0897).

July Spread (Volatile) ±0.0323
May Spread (Stable) ±0.0007

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 June and July, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0894) against the same month in 2019 (average: 0.0879), the exchange rate shifted by +0.0016 (+1.78%).

2020 Avg (March) 0.0894
2019 Avg (March) 0.0879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0881 0.0870 0.0874
February 0.0881 0.0870 0.0873
March 0.0931 0.0879 0.0894
April 0.0904 0.0891 0.0898
May 0.0903 0.0897 0.0900
June 0.0898 0.0884 0.0887
July 0.0884 0.0561 0.0869
August 0.0878 0.0869 0.0873
September 0.0883 0.0873 0.0878
October 0.0889 0.0877 0.0883
November 0.0888 0.0876 0.0881
December 0.0879 0.0866 0.0870