YEARLY HIGH
2327.5907 UGX
YEARLY LOW
2044.2535 UGX
YEARLY AVERAGE
2170.3549 UGX

2021 BGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2327.5907. Conversely, the yearly low was recorded on December 20, dropping to 2044.2535.

This high-to-low spread represents a total annual volatility of 283.3372 UGX. From a start-to-finish perspective, comparing the January average rate of 2297.0349 to the December average rate of 2053.9313, the exchange rate registered a net change of -10.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2327.5907 was up 1.48% compared to the 2020 peak of 2293.5689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,637,953 UGX
2020 Average 10,844,785 UGX
Yearly Trough Low 10,221,268 UGX
Transaction Impact: A difference of 1,416,685.82 UGX purely based on transaction execution date.

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2321.3453
2029.6210
JanuMarcMayJulySeptNove

BGN 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 2232.3292, compared to 2108.3807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 123.9485 points.

H1 Avg (Jan–Jun) 2232.3292
H2 Avg (Jul–Dec) 2108.3807

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 75.8233 UGX (High: 2217.9751 / Low: 2142.1518). On the other end, December was the most stable month, with a tight range of 26.1820 UGX (High: 2070.4355 / Low: 2044.2535).

June Spread (Volatile) Âą75.8233
December Spread (Stable) Âą26.1820

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 October and November, when the average rate fell by 48.0444 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -48.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2297.0349) against the same month in 2020 (average: 2088.2336), the exchange rate shifted by +208.8014 (+10.00%).

2021 Avg (January) 2297.0349
2020 Avg (January) 2088.2336

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Month High Low Average
January 2327.5907 2275.0893 2297.0349
February 2283.6827 2242.9641 2268.0614
March 2262.0284 2190.3669 2227.1745
April 2232.5371 2197.1256 2216.9529
May 2224.6687 2184.2880 2206.1379
June 2217.9751 2142.1518 2178.6134
July 2160.0235 2130.3303 2147.1840
August 2155.1162 2107.1594 2128.7919
September 2142.0190 2107.2749 2125.9592
October 2158.8292 2098.2790 2121.2311
November 2109.5266 2045.7435 2073.1867
December 2070.4355 2044.2535 2053.9313