2020 RON to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 RON to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the RON to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 921.9265. Conversely, the yearly low was recorded on February 20, dropping to 826.2749.
This high-to-low spread represents a total annual volatility of 95.6516 UGX. From a start-to-finish perspective, comparing the January average rate of 854.7449 to the December average rate of 915.9776, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 921.9265 was down 0.08% compared to the 2019 peak of 922.6206, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
RON 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 855.1061, compared to 898.2419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.1358 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 50.7332 UGX (High: 889.2829 / Low: 838.5497). On the other end, December was the most stable month, with a tight range of 11.0656 UGX (High: 921.9265 / Low: 910.8608).
Growth Streaks & Declines
TrendsBetween April and August, 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 15.2709 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 915.9776) against the same month in 2019 (average: 854.4404), the exchange rate shifted by +61.5371 (+7.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 869.9937 | 847.7174 | 854.7449 |
| February | 853.4538 | 826.2749 | 839.4741 |
| March | 889.2829 | 838.5497 | 862.1852 |
| April | 861.3917 | 841.4569 | 849.8432 |
| May | 866.7214 | 845.9303 | 855.2427 |
| June | 882.6850 | 859.6615 | 869.1463 |
| July | 905.3731 | 862.9738 | 877.2133 |
| August | 905.9710 | 891.2576 | 899.4323 |
| September | 905.8101 | 882.5771 | 896.5131 |
| October | 909.8741 | 888.7717 | 897.7804 |
| November | 912.3905 | 893.7836 | 902.5345 |
| December | 921.9265 | 910.8608 | 915.9776 |