YEARLY HIGH
0.4010 IQD
YEARLY LOW
0.3048 IQD
YEARLY AVERAGE
0.3222 IQD

2020 UGX to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.4010. Conversely, the yearly low was recorded on March 24, dropping to 0.3048.

This high-to-low spread represents a total annual volatility of 0.0962 IQD. From a start-to-finish perspective, comparing the January average rate of 0.3241 to the December average rate of 0.3443, the exchange rate registered a net change of 6.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4010 was up 23.09% compared to the 2019 peak of 0.3257, 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 2,005 IQD
2019 Average 1,608 IQD
Yearly Trough Low 1,524 IQD
Transaction Impact: A difference of 480.78 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3473
0.3111
JanuMarcMayJulySeptNove

UGX to IQD 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 0.3187, compared to 0.3258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.3187
H2 Avg (Jul–Dec) 0.3258

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0790 IQD (High: 0.4010 / Low: 0.3220). On the other end, May was the most stable month, with a tight range of 0.0026 IQD (High: 0.3155 / Low: 0.3129).

December Spread (Volatile) ±0.0790
May Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0077 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3443) against the same month in 2019 (average: 0.3242), the exchange rate shifted by +0.0200 (+6.18%).

2020 Avg (December) 0.3443
2019 Avg (December) 0.3242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3257 0.3208 0.3241
February 0.3254 0.3209 0.3241
March 0.3221 0.3048 0.3163
April 0.3173 0.3128 0.3150
May 0.3155 0.3129 0.3141
June 0.3205 0.3154 0.3187
July 0.3235 0.3199 0.3218
August 0.3260 0.3225 0.3245
September 0.3245 0.3206 0.3224
October 0.3229 0.3182 0.3205
November 0.3228 0.3182 0.3211
December 0.4010 0.3220 0.3443