2020 TJS to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TJS to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TJS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 398.1797. Conversely, the yearly low was recorded on December 24, dropping to 321.7811.
This high-to-low spread represents a total annual volatility of 76.3985 UGX. From a start-to-finish perspective, comparing the January average rate of 379.4835 to the December average rate of 323.6169, the exchange rate registered a net change of -14.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 398.1797 was down 0.62% compared to the 2019 peak of 400.6706, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TJS 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 374.0754, compared to 348.4088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.6667 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 36.2292 UGX (High: 362.4302 / Low: 326.2010). On the other end, May was the most stable month, with a tight range of 2.2386 UGX (High: 371.1039 / Low: 368.8653).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 27.1859 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 383.3089) against the same month in 2019 (average: 392.8008), the exchange rate shifted by -9.4919 (-2.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 382.6105 | 378.2938 | 379.4835 |
| February | 383.1918 | 377.8942 | 379.3004 |
| March | 398.1797 | 371.7437 | 383.3089 |
| April | 372.2364 | 366.5160 | 369.6016 |
| May | 371.1039 | 368.8653 | 369.7651 |
| June | 368.9680 | 361.3884 | 362.9931 |
| July | 361.4835 | 357.4311 | 359.3325 |
| August | 357.5475 | 354.9441 | 356.3964 |
| September | 360.2917 | 356.8338 | 358.1691 |
| October | 362.6474 | 357.7513 | 360.0617 |
| November | 362.4302 | 326.2010 | 332.8759 |
| December | 326.7090 | 321.7811 | 323.6169 |