YEARLY HIGH
0.0142 GMD
YEARLY LOW
0.0130 GMD
YEARLY AVERAGE
0.0139 GMD

2020 UGX to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0142. Conversely, the yearly low was recorded on March 24, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0012 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0141, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0142 was up 1.17% compared to the 2019 peak of 0.0140, 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 71 GMD
2019 Average 68 GMD
Yearly Trough Low 65 GMD
Transaction Impact: A difference of 6.12 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0142
0.0134
JanuMarcMayJulySeptNove

UGX to GMD 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 0.0137, compared to 0.0140 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) 0.0137
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0008 GMD (High: 0.0138 / Low: 0.0130). On the other end, August was the most stable month, with a tight range of 0.0001 GMD (High: 0.0142 / Low: 0.0140).

March Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0141) against the same month in 2019 (average: 0.0140), the exchange rate shifted by +0.0002 (+1.09%).

2020 Avg (December) 0.0141
2019 Avg (December) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0140 0.0138 0.0139
February 0.0139 0.0137 0.0139
March 0.0138 0.0130 0.0135
April 0.0136 0.0134 0.0135
May 0.0136 0.0134 0.0135
June 0.0139 0.0136 0.0138
July 0.0141 0.0138 0.0140
August 0.0142 0.0140 0.0141
September 0.0141 0.0139 0.0140
October 0.0140 0.0138 0.0139
November 0.0140 0.0138 0.0140
December 0.0142 0.0140 0.0141