2021 ARS to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ARS to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ARS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 43.6257. Conversely, the yearly low was recorded on December 28, dropping to 34.4985.
This high-to-low spread represents a total annual volatility of 9.1272 UGX. From a start-to-finish perspective, comparing the January average rate of 42.9747 to the December average rate of 34.9085, the exchange rate registered a net change of -18.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 43.6257 was down 29.79% compared to the 2020 peak of 62.1370, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ARS 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 39.7778, compared to 35.9470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8308 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 1.7982 UGX (High: 40.0509 / Low: 38.2527). On the other end, September was the most stable month, with a tight range of 0.4051 UGX (High: 36.1769 / Low: 35.7718).
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 January and February, when the average rate fell by 1.6265 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 42.9747) against the same month in 2020 (average: 61.3879), the exchange rate shifted by -18.4132 (-29.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.6257 | 42.1578 | 42.9747 |
| February | 41.9891 | 40.7766 | 41.3482 |
| March | 40.6873 | 39.8040 | 40.2275 |
| April | 40.0509 | 38.2527 | 39.1431 |
| May | 38.4556 | 37.4846 | 37.7853 |
| June | 37.4833 | 36.9912 | 37.1879 |
| July | 37.1767 | 36.6740 | 36.9188 |
| August | 36.7296 | 36.1354 | 36.4127 |
| September | 36.1769 | 35.7718 | 35.9382 |
| October | 36.5437 | 35.6455 | 36.0746 |
| November | 35.6720 | 35.2008 | 35.4293 |
| December | 35.2982 | 34.4985 | 34.9085 |