YEARLY HIGH
68.1847 VEF
YEARLY LOW
63.3846 VEF
YEARLY AVERAGE
66.8655 VEF

2020 UGX to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 68.1847. Conversely, the yearly low was recorded on March 24, dropping to 63.3846.

This high-to-low spread represents a total annual volatility of 4.8001 VEF. From a start-to-finish perspective, comparing the January average rate of 67.5523 to the December average rate of 67.7978, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 68.1847 was down 0.55% compared to the 2019 peak of 68.5643, 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 340,923 VEF
2019 Average 335,407 VEF
Yearly Trough Low 316,923 VEF
Transaction Impact: A difference of 24,000.49 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

68.0212
65.3393
JanuMarcMayJulySeptNove

UGX to VEF 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 66.4830, compared to 67.2481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7651 points.

H1 Avg (Jan–Jun) 66.4830
H2 Avg (Jul–Dec) 67.2481

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.7618 VEF (High: 67.1464 / Low: 63.3846). On the other end, May was the most stable month, with a tight range of 0.4749 VEF (High: 65.8205 / Low: 65.3456).

March Spread (Volatile) ±3.7618
May Spread (Stable) ±0.4749

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 1.5881 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 67.7978) against the same month in 2019 (average: 67.6249), the exchange rate shifted by +0.1729 (+0.26%).

2020 Avg (December) 67.7978
2019 Avg (December) 67.6249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.8349 66.9511 67.5523
February 67.8113 66.9786 67.5812
March 67.1464 63.3846 65.9932
April 66.2192 65.2761 65.7098
May 65.8205 65.3456 65.5628
June 66.7874 65.7439 66.4988
July 67.4247 66.6604 67.0944
August 67.9035 67.2392 67.5807
September 67.5681 66.8358 67.2172
October 67.3116 66.4041 66.8302
November 67.3399 66.4322 66.9683
December 68.1847 67.1431 67.7978