2020 MYR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MYR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MYR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 909.7473. Conversely, the yearly low was recorded on March 17, dropping to 860.0734.
This high-to-low spread represents a total annual volatility of 49.6740 UGX. From a start-to-finish perspective, comparing the January average rate of 902.0106 to the December average rate of 903.5521, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 909.7473 was down 0.67% compared to the 2019 peak of 915.9269, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MYR 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 880.0492, compared to 889.8426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.7934 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 32.2987 UGX (High: 892.3721 / Low: 860.0734). On the other end, July was the most stable month, with a tight range of 6.9981 UGX (High: 872.0841 / Low: 865.0861).
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 January and February, when the average rate fell by 17.8237 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 902.7314) against the same month in 2019 (average: 889.1076), the exchange rate shifted by +13.6238 (+1.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 906.6502 | 894.5883 | 902.0106 |
| February | 897.5842 | 869.3445 | 884.1869 |
| March | 892.3721 | 860.0734 | 876.8262 |
| April | 884.1848 | 860.2547 | 869.4281 |
| May | 884.2877 | 867.7566 | 873.5112 |
| June | 884.9037 | 869.4316 | 874.3319 |
| July | 872.0841 | 865.0861 | 868.3371 |
| August | 882.8627 | 870.1971 | 877.9152 |
| September | 897.1466 | 884.2692 | 890.9309 |
| October | 903.0448 | 888.8734 | 895.5889 |
| November | 909.7473 | 895.8163 | 902.7314 |
| December | 908.1878 | 897.4920 | 903.5521 |