YEARLY HIGH
0.3324 KRW
YEARLY LOW
0.2945 KRW
YEARLY AVERAGE
0.3173 KRW

2020 UGX to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.3324. Conversely, the yearly low was recorded on December 6, dropping to 0.2945.

This high-to-low spread represents a total annual volatility of 0.0379 KRW. From a start-to-finish perspective, comparing the January average rate of 0.3170 to the December average rate of 0.2986, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3324 was down 0.73% compared to the 2019 peak of 0.3349, 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 1,662 KRW
2019 Average 1,573 KRW
Yearly Trough Low 1,473 KRW
Transaction Impact: A difference of 189.57 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3276
0.2959
JanuMarcMayJulySeptNove

UGX to KRW 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 0.3226, compared to 0.3120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.3226
H2 Avg (Jul–Dec) 0.3120

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0207 KRW (High: 0.3324 / Low: 0.3117). On the other end, August was the most stable month, with a tight range of 0.0043 KRW (High: 0.3254 / Low: 0.3211).

March Spread (Volatile) ±0.0207
August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0109 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3229) against the same month in 2019 (average: 0.3057), the exchange rate shifted by +0.0172 (+5.63%).

2020 Avg (March) 0.3229
2019 Avg (March) 0.3057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3253 0.3135 0.3170
February 0.3318 0.3214 0.3250
March 0.3324 0.3117 0.3229
April 0.3274 0.3182 0.3233
May 0.3277 0.3209 0.3244
June 0.3264 0.3193 0.3230
July 0.3264 0.3204 0.3238
August 0.3254 0.3211 0.3229
September 0.3229 0.3134 0.3186
October 0.3156 0.3023 0.3078
November 0.3040 0.2978 0.3005
December 0.3038 0.2945 0.2986