YEARLY HIGH
37.0300 UGX
YEARLY LOW
32.7395 UGX
YEARLY AVERAGE
34.9376 UGX

2020 KES to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KES to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 37.0300. Conversely, the yearly low was recorded on December 16, dropping to 32.7395.

This high-to-low spread represents a total annual volatility of 4.2906 UGX. From a start-to-finish perspective, comparing the January average rate of 36.3882 to the December average rate of 33.1716, the exchange rate registered a net change of -8.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 37.0300 was down 0.89% compared to the 2019 peak of 37.3630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,150 UGX
2019 Average 181,632 UGX
Yearly Trough Low 163,697 UGX
Transaction Impact: A difference of 21,452.75 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

36.7946
32.8422
JanuMarcMayJulySeptNove

KES 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 35.8850, compared to 33.9901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8950 points.

H1 Avg (Jan–Jun) 35.8850
H2 Avg (Jul–Dec) 33.9901

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0594 UGX (High: 37.0300 / Low: 35.9706). On the other end, September was the most stable month, with a tight range of 0.3046 UGX (High: 34.2652 / Low: 33.9606).

March Spread (Volatile) ±1.0594
September Spread (Stable) ±0.3046

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 November and December, when the average rate fell by 0.7683 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 36.2891) against the same month in 2019 (average: 36.9158), the exchange rate shifted by -0.6268 (-1.70%).

2020 Avg (March) 36.2891
2019 Avg (March) 36.9158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.6821 36.1227 36.3882
February 36.6741 36.2274 36.4653
March 37.0300 35.9706 36.2891
April 36.0900 35.2760 35.5256
May 35.9885 35.1868 35.5203
June 35.4996 34.9399 35.1218
July 35.0180 34.2034 34.5098
August 34.2426 33.7429 34.0061
September 34.2652 33.9606 34.0911
October 34.4260 33.9927 34.2220
November 34.3954 33.6204 33.9398
December 33.5742 32.7395 33.1716