2020 PHP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 77.6254. Conversely, the yearly low was recorded on January 4, dropping to 71.8021.
This high-to-low spread represents a total annual volatility of 5.8234 UGX. From a start-to-finish perspective, comparing the January average rate of 72.3643 to the December average rate of 76.2271, the exchange rate registered a net change of 5.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 77.6254 was up 5.40% compared to the 2019 peak of 73.6475, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PHP 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 73.8397, compared to 76.0592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2195 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 4.7499 UGX (High: 77.1198 / Low: 72.3699). On the other end, February was the most stable month, with a tight range of 0.8344 UGX (High: 72.7641 / Low: 71.9297).
Growth Streaks & Declines
TrendsBetween June and November, 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 November and December, when the average rate fell by 0.6895 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 76.9166) against the same month in 2019 (average: 72.8892), the exchange rate shifted by +4.0274 (+5.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.1399 | 71.8021 | 72.3643 |
| February | 72.7641 | 71.9297 | 72.3725 |
| March | 77.1198 | 72.3699 | 73.9742 |
| April | 75.6646 | 73.8415 | 74.6512 |
| May | 76.1416 | 74.4673 | 75.0172 |
| June | 75.6093 | 73.9832 | 74.6589 |
| July | 75.3801 | 74.5293 | 74.9606 |
| August | 76.0832 | 74.8567 | 75.3897 |
| September | 76.8287 | 75.6488 | 76.1979 |
| October | 77.2079 | 76.0944 | 76.6633 |
| November | 77.6254 | 76.2751 | 76.9166 |
| December | 77.0847 | 75.7102 | 76.2271 |