YEARLY HIGH
60.1654 UGX
YEARLY LOW
48.6030 UGX
YEARLY AVERAGE
53.6964 UGX

2020 MZN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 60.1654. Conversely, the yearly low was recorded on December 30, dropping to 48.6030.

This high-to-low spread represents a total annual volatility of 11.5624 UGX. From a start-to-finish perspective, comparing the January average rate of 58.8167 to the December average rate of 49.2101, the exchange rate registered a net change of -16.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 60.1654 was down 5.90% compared to the 2019 peak of 63.9409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 300,827 UGX
2019 Average 296,172 UGX
Yearly Trough Low 243,015 UGX
Transaction Impact: A difference of 57,811.88 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

59.7774
48.2495
JanuMarcMayJulySeptNove

MZN 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 56.3365, compared to 51.0563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2802 points.

H1 Avg (Jan–Jun) 56.3365
H2 Avg (Jul–Dec) 51.0563

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.6083 UGX (High: 58.9610 / Low: 56.3527). On the other end, September was the most stable month, with a tight range of 0.3502 UGX (High: 51.6044 / Low: 51.2542).

March Spread (Volatile) ±2.6083
September Spread (Stable) ±0.3502

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 1.7616 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -1.7616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 58.8167) against the same month in 2019 (average: 60.1134), the exchange rate shifted by -1.2967 (-2.16%).

2020 Avg (January) 58.8167
2019 Avg (January) 60.1134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.1654 57.6721 58.8167
February 57.7807 56.4410 57.0656
March 58.9610 56.3527 57.0275
April 56.9612 55.8912 56.2392
May 56.0667 54.4248 55.3158
June 54.4490 53.1758 53.5542
July 53.1491 52.0538 52.5897
August 52.1238 51.2884 51.6527
September 51.6044 51.2542 51.4026
October 51.3274 50.9580 51.1311
November 51.1613 49.7647 50.3515
December 49.9835 48.6030 49.2101