YEARLY HIGH
3718.5333 UGX
YEARLY LOW
3517.3292 UGX
YEARLY AVERAGE
3587.1001 UGX

2021 BMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 3718.5333. Conversely, the yearly low was recorded on June 10, dropping to 3517.3292.

This high-to-low spread represents a total annual volatility of 201.2042 UGX. From a start-to-finish perspective, comparing the January average rate of 3691.1868 to the December average rate of 3555.1554, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3718.5333 was down 5.15% compared to the 2020 peak of 3920.3163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BMD based on timing:

Yearly Peak High 18,592,667 UGX
2020 Average 18,584,365 UGX
Yearly Trough Low 17,586,646 UGX
Transaction Impact: A difference of 1,006,020.80 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3707.3351
3513.5554
JanuMarcMayJulySeptNove

BMD 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 3623.3041, compared to 3550.8961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 72.4079 points.

H1 Avg (Jan–Jun) 3623.3041
H2 Avg (Jul–Dec) 3550.8961

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 90.0893 UGX (High: 3629.2251 / Low: 3539.1358). On the other end, March was the most stable month, with a tight range of 14.8593 UGX (High: 3668.6464 / Low: 3653.7871).

October Spread (Volatile) ±90.0893
March Spread (Stable) ±14.8593

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 73.5002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -73.5002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3691.1868) against the same month in 2020 (average: 3678.4821), the exchange rate shifted by +12.7047 (+0.35%).

2021 Avg (January) 3691.1868
2020 Avg (January) 3678.4821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3718.5333 3655.2623 3691.1868
February 3678.7340 3659.9500 3666.9987
March 3668.6464 3653.7871 3661.7491
April 3663.4663 3575.8967 3626.4856
May 3594.8589 3530.2196 3552.9854
June 3556.8255 3517.3292 3540.4189
July 3564.9512 3538.3125 3550.9040
August 3552.7356 3529.9997 3537.8653
September 3560.1429 3519.0470 3529.7037
October 3629.2251 3539.1358 3577.3631
November 3580.0029 3528.2849 3554.3853
December 3579.7267 3539.3915 3555.1554