2020 TOP to UGX Historical Review

YEARLY HIGH

1666.7981 UGX

YEARLY LOW

1582.9808 UGX

YEARLY AVERAGE

1614.8839 UGX

2020 TOP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 1666.7981. Conversely, the yearly low was recorded on February 19, dropping to 1582.9808.

This high-to-low spread represents a total annual volatility of 83.8173 UGX. From a start-to-finish perspective, comparing the January average rate of 1601.6577 to the December average rate of 1604.8146, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1666.7981 was down 0.93% compared to the 2019 peak of 1682.5176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,333,990 UGX

2019 Average 8,087,076 UGX

Yearly Trough Low 7,914,904 UGX

Transaction Impact: A difference of 419,086.33 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1651.4590

1581.5197

JanuMarcMayJulySeptNove

TOP 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 1616.5534, compared to 1613.2145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3390 points.

H1 Avg (Jan–Jun) 1616.5534

H2 Avg (Jul–Dec) 1613.2145

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 55.6669 UGX (High: 1640.9279 / Low: 1585.2610). On the other end, October was the most stable month, with a tight range of 15.4633 UGX (High: 1614.0725 / Low: 1598.6092).

March Spread (Volatile) ±55.6669

October Spread (Stable) ±15.4633

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 21.1866 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -21.1866

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 1645.6307) against the same month in 2019 (average: 1631.4608), the exchange rate shifted by +14.1699 (+0.87%).

2020 Avg (June) 1645.6307

2019 Avg (June) 1631.4608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1621.1132	1587.1180	1601.6577
February	1599.3561	1582.9808	1587.3480
March	1640.9279	1585.2610	1603.5769
April	1647.3239	1594.9182	1619.0604
May	1653.6046	1629.5594	1642.0469
June	1666.7981	1624.5503	1645.6307
July	1632.8403	1614.4092	1624.4441
August	1626.9326	1601.2667	1612.2635
September	1632.6350	1600.9841	1618.3147
October	1614.0725	1598.6092	1606.8927
November	1623.7977	1603.6193	1612.5571
December	1617.3937	1596.0738	1604.8146