2020 SGD to UGX Historical Review

YEARLY HIGH

2773.3591 UGX

YEARLY LOW

2617.4851 UGX

YEARLY AVERAGE

2694.8991 UGX

2020 SGD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2773.3591. Conversely, the yearly low was recorded on March 17, dropping to 2617.4851.

This high-to-low spread represents a total annual volatility of 155.8740 UGX. From a start-to-finish perspective, comparing the January average rate of 2723.0653 to the December average rate of 2751.4547, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2773.3591 was down 0.24% compared to the 2019 peak of 2779.9404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,866,795 UGX

2019 Average 13,579,662 UGX

Yearly Trough Low 13,087,426 UGX

Transaction Impact: A difference of 779,369.79 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2765.9652

2635.9817

JanuMarcMayJulySeptNove

SGD 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 2673.0042, compared to 2716.7941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.7899 points.

H1 Avg (Jan–Jun) 2673.0042

H2 Avg (Jul–Dec) 2716.7941

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 102.3591 UGX (High: 2719.8442 / Low: 2617.4851). On the other end, December was the most stable month, with a tight range of 32.5162 UGX (High: 2767.2420 / Low: 2734.7259).

March Spread (Volatile) ±102.3591

December Spread (Stable) ±32.5162

Growth Streaks & Declines

Trends

Between July and November, 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 76.2516 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -76.2516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2755.1333) against the same month in 2019 (average: 2714.2662), the exchange rate shifted by +40.8671 (+1.51%).

2020 Avg (November) 2755.1333

2019 Avg (November) 2714.2662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2750.8666	2693.7220	2723.0653
February	2694.5156	2620.6983	2646.8136
March	2719.8442	2617.4851	2658.9165
April	2696.9958	2623.4200	2656.4326
May	2690.1231	2651.5308	2671.8656
June	2704.3657	2662.9078	2680.9313
July	2687.4041	2652.6526	2668.8836
August	2706.9664	2671.3074	2685.3853
September	2722.3881	2688.9989	2705.4330
October	2760.2348	2709.4269	2734.4744
November	2773.3591	2734.2070	2755.1333
December	2767.2420	2734.7259	2751.4547