YEARLY HIGH
0.0389 ISK
YEARLY LOW
0.0329 ISK
YEARLY AVERAGE
0.0364 ISK

2020 UGX to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.0389. Conversely, the yearly low was recorded on January 1, dropping to 0.0329.

This high-to-low spread represents a total annual volatility of 0.0060 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0336 to the December average rate of 0.0348, the exchange rate registered a net change of 3.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0389 was up 12.07% compared to the 2019 peak of 0.0347, 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 194 ISK
2019 Average 165 ISK
Yearly Trough Low 164 ISK
Transaction Impact: A difference of 30.06 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0387
0.0331
JanuMarcMayJulySeptNove

UGX to ISK 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 0.0360, compared to 0.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0360
H2 Avg (Jul–Dec) 0.0368

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0033 ISK (High: 0.0374 / Low: 0.0342). On the other end, October was the most stable month, with a tight range of 0.0008 ISK (High: 0.0378 / Low: 0.0370).

March Spread (Volatile) ±0.0033
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0382) against the same month in 2019 (average: 0.0322), the exchange rate shifted by +0.0060 (+18.51%).

2020 Avg (April) 0.0382
2019 Avg (April) 0.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0339 0.0329 0.0336
February 0.0350 0.0335 0.0344
March 0.0374 0.0342 0.0358
April 0.0389 0.0375 0.0382
May 0.0388 0.0359 0.0378
June 0.0373 0.0349 0.0363
July 0.0381 0.0364 0.0374
August 0.0376 0.0366 0.0372
September 0.0381 0.0365 0.0373
October 0.0378 0.0370 0.0374
November 0.0378 0.0359 0.0368
December 0.0354 0.0340 0.0348