YEARLY HIGH
0.0213 AFN
YEARLY LOW
0.0195 AFN
YEARLY AVERAGE
0.0207 AFN

2020 UGX to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.0213. Conversely, the yearly low was recorded on March 24, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0018 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0210, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0213 was down 3.47% compared to the 2019 peak of 0.0221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107 AFN
2019 Average 105 AFN
Yearly Trough Low 97 AFN
Transaction Impact: A difference of 9.13 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0211
0.0201
JanuMarcMayJulySeptNove

UGX to AFN 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 0.0205, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0205
H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0011 AFN (High: 0.0206 / Low: 0.0195). On the other end, September was the most stable month, with a tight range of 0.0002 AFN (High: 0.0209 / Low: 0.0207).

March Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0210) against the same month in 2019 (average: 0.0213), the exchange rate shifted by -0.0003 (-1.50%).

2020 Avg (August) 0.0210
2019 Avg (August) 0.0213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0212 0.0208 0.0210
February 0.0212 0.0204 0.0209
March 0.0206 0.0195 0.0202
April 0.0204 0.0200 0.0201
May 0.0203 0.0201 0.0202
June 0.0209 0.0203 0.0207
July 0.0209 0.0207 0.0208
August 0.0213 0.0208 0.0210
September 0.0209 0.0207 0.0208
October 0.0208 0.0205 0.0207
November 0.0209 0.0205 0.0207
December 0.0212 0.0208 0.0210