2020 MXN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MXN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MXN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 197.9051. Conversely, the yearly low was recorded on April 5, dropping to 149.4483.
This high-to-low spread represents a total annual volatility of 48.4569 UGX. From a start-to-finish perspective, comparing the January average rate of 195.6307 to the December average rate of 183.7246, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 197.9051 was down 1.07% compared to the 2019 peak of 200.0422, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MXN to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 174.2815, compared to 173.8444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4372 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 38.7599 UGX (High: 190.9408 / Low: 152.1809). On the other end, January was the most stable month, with a tight range of 3.0812 UGX (High: 197.1138 / Low: 194.0326).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 25.5619 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 195.1346) against the same month in 2019 (average: 191.5312), the exchange rate shifted by +3.6034 (+1.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 197.1138 | 194.0326 | 195.6307 |
| February | 197.9051 | 189.0757 | 195.1346 |
| March | 190.9408 | 152.1809 | 169.5727 |
| April | 161.2614 | 149.4483 | 156.2294 |
| May | 170.5130 | 151.9865 | 161.7703 |
| June | 174.5187 | 161.7815 | 167.3515 |
| July | 168.3431 | 162.9975 | 165.3522 |
| August | 169.0126 | 162.6277 | 165.9865 |
| September | 176.7998 | 165.0228 | 170.9819 |
| October | 178.6557 | 169.8320 | 175.0461 |
| November | 185.3369 | 174.7559 | 181.9748 |
| December | 186.1279 | 181.4398 | 183.7246 |