2020 SAR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SAR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 1043.5863. Conversely, the yearly low was recorded on December 28, dropping to 971.2837.
This high-to-low spread represents a total annual volatility of 72.3026 UGX. From a start-to-finish perspective, comparing the January average rate of 980.5288 to the December average rate of 976.9670, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 1043.5863 was up 3.50% compared to the 2019 peak of 1008.2594, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SAR 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 995.6923, compared to 985.1726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.5198 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 57.2959 UGX (High: 1043.5863 / Low: 986.2904). On the other end, May was the most stable month, with a tight range of 7.4119 UGX (High: 1012.4651 / Low: 1005.0532).
Growth Streaks & Declines
TrendsBetween 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 13.0746 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 1003.0576) against the same month in 2019 (average: 987.8789), the exchange rate shifted by +15.1787 (+1.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 989.4663 | 976.3379 | 980.5288 |
| February | 988.5516 | 977.0034 | 980.1652 |
| March | 1043.5863 | 986.2904 | 1003.0576 |
| April | 1012.4947 | 997.4750 | 1005.7339 |
| May | 1012.4651 | 1005.0532 | 1008.8715 |
| June | 1006.8946 | 991.1485 | 995.7969 |
| July | 993.7371 | 982.5184 | 987.3903 |
| August | 985.4705 | 975.7076 | 980.3953 |
| September | 991.1909 | 980.4410 | 985.6148 |
| October | 997.6920 | 984.2160 | 991.2979 |
| November | 997.2922 | 983.8999 | 989.3700 |
| December | 986.7148 | 971.2837 | 976.9670 |