2020 RSD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 RSD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the RSD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 38.1761. Conversely, the yearly low was recorded on February 19, dropping to 33.6313.
This high-to-low spread represents a total annual volatility of 4.5448 UGX. From a start-to-finish perspective, comparing the January average rate of 34.7414 to the December average rate of 37.9401, the exchange rate registered a net change of 9.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 38.1761 was up 4.89% compared to the 2019 peak of 36.3957, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
RSD 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 35.0323, compared to 37.1080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0757 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.0004 UGX (High: 36.5948 / Low: 34.5944). On the other end, December was the most stable month, with a tight range of 0.4085 UGX (High: 38.1761 / Low: 37.7676).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6017 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 37.9401) against the same month in 2019 (average: 34.7394), the exchange rate shifted by +3.2007 (+9.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.3424 | 34.4877 | 34.7414 |
| February | 34.7260 | 33.6313 | 34.1396 |
| March | 36.5948 | 34.5944 | 35.4212 |
| April | 35.3969 | 34.5771 | 34.9537 |
| May | 35.6792 | 34.8177 | 35.1691 |
| June | 36.3054 | 35.4074 | 35.7688 |
| July | 37.2001 | 35.4368 | 36.0818 |
| August | 37.2772 | 36.6412 | 36.9791 |
| September | 37.3774 | 36.6199 | 37.0561 |
| October | 37.7099 | 36.8534 | 37.2069 |
| November | 37.7690 | 36.9841 | 37.3840 |
| December | 38.1761 | 37.7676 | 37.9401 |