YEARLY HIGH
262.9511 UGX
YEARLY LOW
196.0273 UGX
YEARLY AVERAGE
226.9514 UGX

2020 ZAR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 262.9511. Conversely, the yearly low was recorded on April 5, dropping to 196.0273.

This high-to-low spread represents a total annual volatility of 66.9238 UGX. From a start-to-finish perspective, comparing the January average rate of 255.3798 to the December average rate of 246.5222, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 262.9511 was down 5.30% compared to the 2019 peak of 277.6793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 13,147,557 UGX
2019 Average 12,831,636 UGX
Yearly Trough Low 9,801,367 UGX
Transaction Impact: A difference of 3,346,189.89 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

260.6056
197.8960
JanuMarcMayJulySeptNove

ZAR to UGX 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 225.9861, compared to 227.9168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9307 points.

H1 Avg (Jan–Jun) 225.9861
H2 Avg (Jul–Dec) 227.9168

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 31.9586 UGX (High: 242.4937 / Low: 210.5350). On the other end, July was the most stable month, with a tight range of 9.1257 UGX (High: 225.2876 / Low: 216.1619).

March Spread (Volatile) ±31.9586
July Spread (Stable) ±9.1257

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 22.8959 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -22.8959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 255.3798) against the same month in 2019 (average: 267.8354), the exchange rate shifted by -12.4556 (-4.65%).

2020 Avg (January) 255.3798
2019 Avg (January) 267.8354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 262.9511 244.9940 255.3798
February 249.3908 236.6599 244.2798
March 242.4937 210.5350 226.0177
April 209.6977 196.0273 203.1218
May 218.0612 199.5492 208.8263
June 225.6601 213.6550 218.2910
July 225.2876 216.1619 220.9088
August 221.8285 207.7070 213.5881
September 228.4999 215.5919 221.1201
October 230.2979 220.7764 226.2464
November 244.6169 229.7382 239.1153
December 251.4371 241.7786 246.5222