YEARLY HIGH
1076.7142 UGX
YEARLY LOW
1000.8061 UGX
YEARLY AVERAGE
1020.7710 UGX

2020 QAR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 1076.7142. Conversely, the yearly low was recorded on December 27, dropping to 1000.8061.

This high-to-low spread represents a total annual volatility of 75.9080 UGX. From a start-to-finish perspective, comparing the January average rate of 1010.3200 to the December average rate of 1006.4466, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1076.7142 was up 3.68% compared to the 2019 peak of 1038.5278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,383,571 UGX
2019 Average 5,087,317 UGX
Yearly Trough Low 5,004,031 UGX
Transaction Impact: A difference of 379,540.16 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1044.1115
1003.0225
JanuMarcMayJulySeptNove

QAR 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 1026.7165, compared to 1014.8256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.8908 points.

H1 Avg (Jan–Jun) 1026.7165
H2 Avg (Jul–Dec) 1014.8256

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 60.3220 UGX (High: 1076.7142 / Low: 1016.3922). On the other end, August was the most stable month, with a tight range of 9.3454 UGX (High: 1014.4046 / Low: 1005.0592).

March Spread (Volatile) ±60.3220
August Spread (Stable) ±9.3454

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 14.3867 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14.3867

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1034.5156) against the same month in 2019 (average: 1017.5910), the exchange rate shifted by +16.9247 (+1.66%).

2020 Avg (March) 1034.5156
2019 Avg (March) 1017.5910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1019.3574 1006.5378 1010.3200
February 1019.0087 1006.4259 1009.8626
March 1076.7142 1016.3922 1034.5156
April 1045.5144 1030.6237 1038.6123
May 1044.4016 1033.0308 1040.6874
June 1038.0745 1021.7804 1026.3007
July 1023.6026 1012.1977 1017.1923
August 1014.4046 1005.0592 1009.6198
September 1021.1161 1010.1998 1015.3551
October 1027.6832 1013.8979 1021.2284
November 1027.3192 1013.4715 1019.1116
December 1016.4420 1000.8061 1006.4466