2020 NZD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |