2020 SZL to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |