YEARLY HIGH
5529.3601 UGX
YEARLY LOW
5140.1017 UGX
YEARLY AVERAGE
5242.3697 UGX

2020 JOD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 5529.3601. Conversely, the yearly low was recorded on December 29, dropping to 5140.1017.

This high-to-low spread represents a total annual volatility of 389.2585 UGX. From a start-to-finish perspective, comparing the January average rate of 5188.3861 to the December average rate of 5170.0455, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 5529.3601 was up 3.68% compared to the 2019 peak of 5333.0081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,646,801 UGX
2019 Average 26,124,761 UGX
Yearly Trough Low 25,700,508 UGX
Transaction Impact: A difference of 1,946,292.28 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

5362.9979
5152.5044
JanuMarcMayJulySeptNove

JOD 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 5272.7436, compared to 5211.9958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 60.7478 points.

H1 Avg (Jan–Jun) 5272.7436
H2 Avg (Jul–Dec) 5211.9958

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 309.7778 UGX (High: 5529.3601 / Low: 5219.5823). On the other end, May was the most stable month, with a tight range of 38.6953 UGX (High: 5363.4219 / Low: 5324.7266).

March Spread (Volatile) ±309.7778
May Spread (Stable) ±38.6953

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 May and June, when the average rate fell by 75.2248 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -75.2248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 5312.3641) against the same month in 2019 (average: 5225.5137), the exchange rate shifted by +86.8503 (+1.66%).

2020 Avg (March) 5312.3641
2019 Avg (March) 5225.5137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5234.8100 5166.6040 5188.3861
February 5232.6602 5168.4015 5186.4561
March 5529.3601 5219.5823 5312.3641
April 5369.1366 5292.6670 5333.5666
May 5363.4219 5324.7266 5345.4568
June 5330.9301 5247.6420 5270.2320
July 5257.6345 5198.0421 5223.6864
August 5212.3801 5161.3831 5186.0708
September 5243.8417 5187.0085 5214.1171
October 5277.9289 5206.7733 5244.3693
November 5275.6971 5204.5837 5233.6855
December 5219.8381 5140.1017 5170.0455