2020 SRD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SRD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SRD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 525.6525. Conversely, the yearly low was recorded on December 29, dropping to 257.4772.
This high-to-low spread represents a total annual volatility of 268.1753 UGX. From a start-to-finish perspective, comparing the January average rate of 493.2263 to the December average rate of 258.9523, the exchange rate registered a net change of -47.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 525.6525 was up 3.68% compared to the 2019 peak of 506.9890, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SRD 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 501.2602, compared to 366.4350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 134.8251 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was September, with a trading range of 235.9564 UGX (High: 496.8082 / Low: 260.8518). On the other end, November was the most stable month, with a tight range of 3.5622 UGX (High: 264.2694 / Low: 260.7072).
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 September and October, when the average rate fell by 162.4879 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 505.0191) against the same month in 2019 (average: 496.7954), the exchange rate shifted by +8.2237 (+1.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 497.6509 | 491.1668 | 493.2263 |
| February | 497.4465 | 491.3377 | 493.0156 |
| March | 525.6525 | 496.2033 | 505.0191 |
| April | 510.4207 | 503.1511 | 507.0630 |
| May | 509.8775 | 506.1989 | 508.1905 |
| June | 506.7886 | 498.8708 | 501.0465 |
| July | 499.8207 | 494.1555 | 496.5934 |
| August | 495.5186 | 490.6705 | 493.0175 |
| September | 496.8082 | 260.8518 | 425.1881 |
| October | 264.3812 | 260.8169 | 262.7001 |
| November | 264.2694 | 260.7072 | 262.1588 |
| December | 261.4713 | 257.4772 | 258.9523 |