YEARLY HIGH
2629.7748 UGX
YEARLY LOW
2147.6630 UGX
YEARLY AVERAGE
2416.5797 UGX

2020 NZD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2629.7748. Conversely, the yearly low was recorded on March 22, dropping to 2147.6630.

This high-to-low spread represents a total annual volatility of 482.1118 UGX. From a start-to-finish perspective, comparing the January average rate of 2432.2323 to the December average rate of 2600.8901, the exchange rate registered a net change of 6.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2629.7748 was up 2.56% compared to the 2019 peak of 2564.0253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,148,874 UGX
2019 Average 12,209,827 UGX
Yearly Trough Low 10,738,315 UGX
Transaction Impact: A difference of 2,410,558.90 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2633.7232
2239.7256
JanuMarcMayJulySeptNove

NZD 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 2341.1549, compared to 2492.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 150.8497 points.

H1 Avg (Jan–Jun) 2341.1549
H2 Avg (Jul–Dec) 2492.0046

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 209.4457 UGX (High: 2357.1087 / Low: 2147.6630). On the other end, December was the most stable month, with a tight range of 53.8752 UGX (High: 2629.7748 / Low: 2575.8996).

March Spread (Volatile) ±209.4457
December Spread (Stable) ±53.8752

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 82.2962 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -82.2962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2600.8901) against the same month in 2019 (average: 2425.4066), the exchange rate shifted by +175.4835 (+7.24%).

2020 Avg (December) 2600.8901
2019 Avg (December) 2425.4066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2481.2576 2376.4023 2432.2323
February 2386.7290 2313.6808 2349.9361
March 2357.1087 2147.6630 2275.9663
April 2336.6910 2211.0245 2272.5587
May 2348.0182 2245.9699 2307.2043
June 2450.7143 2374.1555 2409.0317
July 2471.5167 2414.6163 2439.6961
August 2479.1631 2396.0872 2428.6860
September 2498.5161 2419.3962 2464.6635
October 2498.6147 2430.0814 2468.3544
November 2602.9023 2467.1496 2549.7374
December 2629.7748 2575.8996 2600.8901