2020 MGA to UGX Historical Review

YEARLY HIGH

1.0441 UGX

YEARLY LOW

0.9310 UGX

YEARLY AVERAGE

0.9761 UGX

2020 MGA to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 1.0441. Conversely, the yearly low was recorded on November 17, dropping to 0.9310.

This high-to-low spread represents a total annual volatility of 0.1131 UGX. From a start-to-finish perspective, comparing the January average rate of 0.9994 to the December average rate of 0.9602, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0441 was down 30.72% compared to the 2019 peak of 1.5071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,220 UGX

2019 Average 5,103 UGX

Yearly Trough Low 4,655 UGX

Transaction Impact: A difference of 565.27 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0183

0.9397

JanuMarcMayJulySeptNove

MGA 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 0.9963, compared to 0.9558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0405 points.

H1 Avg (Jan–Jun) 0.9963

H2 Avg (Jul–Dec) 0.9558

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0611 UGX (High: 0.9940 / Low: 0.9328). On the other end, May was the most stable month, with a tight range of 0.0109 UGX (High: 1.0016 / Low: 0.9907).

December Spread (Volatile) ±0.0611

May Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0183 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.0118) against the same month in 2019 (average: 1.0461), the exchange rate shifted by -0.0343 (-3.28%).

2020 Avg (March) 1.0118

2019 Avg (March) 1.0461

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0147	0.9869	0.9994
February	1.0142	0.9839	0.9927
March	1.0441	0.9960	1.0118
April	1.0115	0.9954	1.0021
May	1.0016	0.9907	0.9950
June	1.0064	0.9651	0.9767
July	0.9704	0.9558	0.9634
August	0.9727	0.9536	0.9583
September	0.9624	0.9507	0.9576
October	0.9527	0.9410	0.9492
November	0.9789	0.9310	0.9463
December	0.9940	0.9328	0.9602