2020 UGX to GNF Historical Review

YEARLY HIGH

2.7461 GNF

YEARLY LOW

2.4266 GNF

YEARLY AVERAGE

2.5889 GNF

2020 UGX to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.7461. Conversely, the yearly low was recorded on March 24, dropping to 2.4266.

This high-to-low spread represents a total annual volatility of 0.3194 GNF. From a start-to-finish perspective, comparing the January average rate of 2.5784 to the December average rate of 2.7132, the exchange rate registered a net change of 5.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7461 was up 5.23% compared to the 2019 peak of 2.6096, 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 13,730 GNF

2019 Average 12,459 GNF

Yearly Trough Low 12,133 GNF

Transaction Impact: A difference of 1,597.18 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7346

2.4781

JanuMarcMayJulySeptNove

UGX to GNF 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 2.5396, compared to 2.6382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0986 points.

H1 Avg (Jan–Jun) 2.5396

H2 Avg (Jul–Dec) 2.6382

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1497 GNF (High: 2.5763 / Low: 2.4266). On the other end, July was the most stable month, with a tight range of 0.0296 GNF (High: 2.6141 / Low: 2.5845).

March Spread (Volatile) ±0.1497

July Spread (Stable) ±0.0296

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0588 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.7132) against the same month in 2019 (average: 2.5797), the exchange rate shifted by +0.1335 (+5.18%).

2020 Avg (December) 2.7132

2019 Avg (December) 2.5797

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6057	2.5556	2.5784
February	2.5978	2.5443	2.5757
March	2.5763	2.4266	2.5168
April	2.5350	2.4844	2.5106
May	2.5221	2.4762	2.4995
June	2.5844	2.5090	2.5567
July	2.6141	2.5845	2.5995
August	2.6364	2.6018	2.6228
September	2.6458	2.6041	2.6242
October	2.6520	2.6140	2.6305
November	2.6570	2.6097	2.6391
December	2.7461	2.6558	2.7132