YEARLY HIGH
261.9592 UGX
YEARLY LOW
198.2586 UGX
YEARLY AVERAGE
227.1256 UGX

2020 SZL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 261.9592. Conversely, the yearly low was recorded on April 6, dropping to 198.2586.

This high-to-low spread represents a total annual volatility of 63.7006 UGX. From a start-to-finish perspective, comparing the January average rate of 256.2646 to the December average rate of 246.0149, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 261.9592 was down 5.13% compared to the 2019 peak of 276.1202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,309,796 UGX
2019 Average 1,283,515 UGX
Yearly Trough Low 991,293 UGX
Transaction Impact: A difference of 318,503.22 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

261.5064
198.6050
JanuMarcMayJulySeptNove

SZL 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 226.5187, compared to 227.7324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2137 points.

H1 Avg (Jan–Jun) 226.5187
H2 Avg (Jul–Dec) 227.7324

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 30.5295 UGX (High: 242.5104 / Low: 211.9809). On the other end, February was the most stable month, with a tight range of 8.4052 UGX (High: 249.9644 / Low: 241.5591).

March Spread (Volatile) ±30.5295
February Spread (Stable) ±8.4052

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 22.9684 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -22.9684

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 256.2646) against the same month in 2019 (average: 266.8663), the exchange rate shifted by -10.6017 (-3.97%).

2020 Avg (January) 256.2646
2019 Avg (January) 266.8663

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 261.9592 248.8388 256.2646
February 249.9644 241.5591 245.3619
March 242.5104 211.9809 226.8152
April 212.0880 198.2586 203.8468
May 217.9380 203.1940 208.5873
June 225.1615 214.1786 218.2366
July 224.5462 216.0163 220.9866
August 221.6096 207.4038 213.8244
September 228.3638 216.0882 220.8507
October 231.2556 221.9706 225.8348
November 243.4678 229.4154 238.8830
December 250.5513 240.6865 246.0149