YEARLY HIGH
0.0096 NIO
YEARLY LOW
0.0087 NIO
YEARLY AVERAGE
0.0093 NIO

2020 UGX to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0096. Conversely, the yearly low was recorded on March 25, dropping to 0.0087.

This high-to-low spread represents a total annual volatility of 0.0009 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0095, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0096 was up 2.70% compared to the 2019 peak of 0.0093, 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 48 NIO
2019 Average 45 NIO
Yearly Trough Low 43 NIO
Transaction Impact: A difference of 4.39 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0096
0.0089
JanuMarcMayJulySeptNove

UGX to NIO 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 0.0091, compared to 0.0094 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) 0.0091
H2 Avg (Jul–Dec) 0.0094

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0005 NIO (High: 0.0092 / Low: 0.0087). On the other end, October was the most stable month, with a tight range of 0.0001 NIO (High: 0.0094 / Low: 0.0093).

March Spread (Volatile) ±0.0005
October Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0095) against the same month in 2019 (average: 0.0092), the exchange rate shifted by +0.0003 (+3.17%).

2020 Avg (December) 0.0095
2019 Avg (December) 0.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0093 0.0091 0.0092
February 0.0093 0.0091 0.0092
March 0.0092 0.0087 0.0090
April 0.0091 0.0089 0.0090
May 0.0091 0.0089 0.0090
June 0.0093 0.0090 0.0091
July 0.0094 0.0091 0.0093
August 0.0095 0.0093 0.0095
September 0.0095 0.0093 0.0094
October 0.0094 0.0093 0.0093
November 0.0096 0.0093 0.0094
December 0.0096 0.0094 0.0095