YEARLY HIGH
30.4322 UGX
YEARLY LOW
25.7253 UGX
YEARLY AVERAGE
27.5187 UGX

2020 ISK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 30.4322. Conversely, the yearly low was recorded on April 23, dropping to 25.7253.

This high-to-low spread represents a total annual volatility of 4.7069 UGX. From a start-to-finish perspective, comparing the January average rate of 29.7923 to the December average rate of 28.7750, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 30.4322 was down 4.35% compared to the 2019 peak of 31.8173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152,161 UGX
2019 Average 151,175 UGX
Yearly Trough Low 128,626 UGX
Transaction Impact: A difference of 23,534.57 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

30.1527
25.8277
JanuMarcMayJulySeptNove

ISK 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 27.8364, compared to 27.2010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6354 points.

H1 Avg (Jan–Jun) 27.8364
H2 Avg (Jul–Dec) 27.2010

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.5583 UGX (High: 29.2710 / Low: 26.7127). On the other end, October was the most stable month, with a tight range of 0.5364 UGX (High: 27.0066 / Low: 26.4702).

March Spread (Volatile) ±2.5583
October Spread (Stable) ±0.5364

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 1.7932 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7932

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 29.7923) against the same month in 2019 (average: 30.9564), the exchange rate shifted by -1.1641 (-3.76%).

2020 Avg (January) 29.7923
2019 Avg (January) 30.9564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.4322 29.4953 29.7923
February 29.8898 28.6058 29.0659
March 29.2710 26.7127 27.9813
April 26.6377 25.7253 26.1882
May 27.8175 25.7800 26.4512
June 28.6688 26.7926 27.5394
July 27.4390 26.2245 26.7753
August 27.3332 26.5830 26.9011
September 27.4343 26.2618 26.8318
October 27.0066 26.4702 26.7452
November 27.8413 26.4639 27.1774
December 29.3858 28.2746 28.7750