2020 JMD to UGX Historical Review

YEARLY HIGH

28.7877 UGX

YEARLY LOW

24.3836 UGX

YEARLY AVERAGE

26.2142 UGX

2020 JMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 28.7877. Conversely, the yearly low was recorded on August 24, dropping to 24.3836.

This high-to-low spread represents a total annual volatility of 4.4041 UGX. From a start-to-finish perspective, comparing the January average rate of 27.3486 to the December average rate of 25.5003, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 28.7877 was down 3.38% compared to the 2019 peak of 29.7949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143,938 UGX

2019 Average 138,839 UGX

Yearly Trough Low 121,918 UGX

Transaction Impact: A difference of 22,020.39 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.1774

24.3516

JanuMarcMayJulySeptNove

JMD 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 26.9700, compared to 25.4585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5115 points.

H1 Avg (Jan–Jun) 26.9700

H2 Avg (Jul–Dec) 25.4585

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 1.8181 UGX (High: 28.1680 / Low: 26.3499). On the other end, December was the most stable month, with a tight range of 0.4305 UGX (High: 25.6687 / Low: 25.2383).

January Spread (Volatile) ±1.8181

December Spread (Stable) ±0.4305

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 1.2305 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.2305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 27.8586) against the same month in 2019 (average: 29.3690), the exchange rate shifted by -1.5104 (-5.14%).

2020 Avg (March) 27.8586

2019 Avg (March) 29.3690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.1680	26.3499	27.3486
February	27.0305	25.9252	26.2948
March	28.7877	27.0305	27.8586
April	28.3282	26.8360	27.5002
May	27.0139	25.7619	26.2697
June	26.8048	26.0844	26.5479
July	26.7924	25.0687	25.8812
August	25.0713	24.3836	24.6704
September	26.2323	24.8090	25.7070
October	26.2269	25.5094	25.7415
November	25.7479	24.9554	25.2506
December	25.6687	25.2383	25.5003