YEARLY HIGH
0.0051 ZAR
YEARLY LOW
0.0038 ZAR
YEARLY AVERAGE
0.0044 ZAR

2020 UGX to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0051. Conversely, the yearly low was recorded on January 1, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0013 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0041, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0051 was up 20.41% compared to the 2019 peak of 0.0042, 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 26 ZAR
2019 Average 20 ZAR
Yearly Trough Low 19 ZAR
Transaction Impact: A difference of 6.49 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0050
0.0038
JanuMarcMayJulySeptNove

UGX to ZAR 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 0.0045, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0045
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 ZAR (High: 0.0047 / Low: 0.0041). On the other end, December was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0041 / Low: 0.0040).

March Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0002

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 October and November, 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 (April 2020: 0.0049) against the same month in 2019 (average: 0.0038), the exchange rate shifted by +0.0011 (+30.17%).

2020 Avg (April) 0.0049
2019 Avg (April) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0041 0.0038 0.0039
February 0.0042 0.0040 0.0041
March 0.0047 0.0041 0.0044
April 0.0051 0.0048 0.0049
May 0.0050 0.0046 0.0048
June 0.0047 0.0044 0.0046
July 0.0046 0.0044 0.0045
August 0.0048 0.0045 0.0047
September 0.0046 0.0044 0.0045
October 0.0045 0.0043 0.0044
November 0.0044 0.0041 0.0042
December 0.0041 0.0040 0.0041