YEARLY HIGH
0.2718 RWF
YEARLY LOW
0.2417 RWF
YEARLY AVERAGE
0.2576 RWF

2020 UGX to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.2718. Conversely, the yearly low was recorded on March 24, dropping to 0.2417.

This high-to-low spread represents a total annual volatility of 0.0302 RWF. From a start-to-finish perspective, comparing the January average rate of 0.2565 to the December average rate of 0.2695, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2718 was up 5.02% compared to the 2019 peak of 0.2588, 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 1,359 RWF
2019 Average 1,230 RWF
Yearly Trough Low 1,208 RWF
Transaction Impact: A difference of 150.76 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2716
0.2459
JanuMarcMayJulySeptNove

UGX to RWF 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 0.2525, compared to 0.2627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.2525
H2 Avg (Jul–Dec) 0.2627

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0148 RWF (High: 0.2564 / Low: 0.2417). On the other end, January was the most stable month, with a tight range of 0.0045 RWF (High: 0.2587 / Low: 0.2541).

March Spread (Volatile) ±0.0148
January Spread (Stable) ±0.0045

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 0.0051 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2695) against the same month in 2019 (average: 0.2543), the exchange rate shifted by +0.0151 (+5.95%).

2020 Avg (December) 0.2695
2019 Avg (December) 0.2543

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2587 0.2541 0.2565
February 0.2591 0.2521 0.2560
March 0.2564 0.2417 0.2509
April 0.2529 0.2463 0.2495
May 0.2517 0.2455 0.2480
June 0.2563 0.2482 0.2541
July 0.2595 0.2549 0.2575
August 0.2632 0.2578 0.2617
September 0.2629 0.2580 0.2604
October 0.2640 0.2577 0.2617
November 0.2673 0.2612 0.2651
December 0.2718 0.2670 0.2695