YEARLY HIGH
0.5415 CDF
YEARLY LOW
0.4040 CDF
YEARLY AVERAGE
0.4980 CDF

2020 UGX to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5415. Conversely, the yearly low was recorded on December 6, dropping to 0.4040.

This high-to-low spread represents a total annual volatility of 0.1375 CDF. From a start-to-finish perspective, comparing the January average rate of 0.4585 to the December average rate of 0.5334, the exchange rate registered a net change of 16.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5415 was up 17.62% compared to the 2019 peak of 0.4604, 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 2,708 CDF
2019 Average 2,231 CDF
Yearly Trough Low 2,020 CDF
Transaction Impact: A difference of 687.73 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5421
0.4445
JanuMarcMayJulySeptNove

UGX to CDF 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 0.4663, compared to 0.5297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0634 points.

H1 Avg (Jan–Jun) 0.4663
H2 Avg (Jul–Dec) 0.5297

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.1375 CDF (High: 0.5415 / Low: 0.4040). On the other end, February was the most stable month, with a tight range of 0.0045 CDF (High: 0.4615 / Low: 0.4570).

December Spread (Volatile) ±0.1375
February Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0071 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5334) against the same month in 2019 (average: 0.4567), the exchange rate shifted by +0.0766 (+16.78%).

2020 Avg (December) 0.5334
2019 Avg (December) 0.4567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4598 0.4546 0.4585
February 0.4615 0.4570 0.4598
March 0.4591 0.4369 0.4527
April 0.4580 0.4496 0.4544
May 0.4827 0.4550 0.4714
June 0.5157 0.4832 0.5011
July 0.5337 0.5137 0.5254
August 0.5396 0.5308 0.5340
September 0.5334 0.5275 0.5309
October 0.5314 0.4884 0.5245
November 0.5333 0.5248 0.5299
December 0.5415 0.4040 0.5334