2021 ALL to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ALL to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ALL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 36.7957. Conversely, the yearly low was recorded on November 16, dropping to 32.9508.
This high-to-low spread represents a total annual volatility of 3.8449 UGX. From a start-to-finish perspective, comparing the January average rate of 36.3655 to the December average rate of 33.2600, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 36.7957 was down 13.08% compared to the 2020 peak of 42.3341, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ALL to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 35.4201, compared to 33.8882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5319 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 1.0519 UGX (High: 34.7310 / Low: 33.6791). On the other end, December was the most stable month, with a tight range of 0.2815 UGX (High: 33.3689 / Low: 33.0874).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8883 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 36.3655) against the same month in 2020 (average: 33.4656), the exchange rate shifted by +2.8999 (+8.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.7957 | 36.0016 | 36.3655 |
| February | 36.2473 | 35.4812 | 35.8633 |
| March | 35.7407 | 34.8131 | 35.3318 |
| April | 35.4224 | 34.9257 | 35.1938 |
| May | 35.3682 | 34.6869 | 35.0531 |
| June | 35.2138 | 34.3210 | 34.7132 |
| July | 34.6214 | 34.0938 | 34.3303 |
| August | 34.7569 | 33.8894 | 34.2427 |
| September | 34.4044 | 33.8739 | 34.1801 |
| October | 34.7310 | 33.6791 | 34.1023 |
| November | 33.5640 | 32.9508 | 33.2140 |
| December | 33.3689 | 33.0874 | 33.2600 |