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2021 BRL to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BRL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 723.2545. Conversely, the yearly low was recorded on December 20, dropping to 617.2825.
This high-to-low spread represents a total annual volatility of 105.9720 UGX. From a start-to-finish perspective, comparing the January average rate of 689.0989 to the December average rate of 628.6954, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 723.2545 was down 21.08% compared to the 2020 peak of 916.4402, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
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BRL 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: JanâJun) was 673.3227, compared to 657.5709 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 15.7518 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 44.5543 UGX (High: 668.0175 / Low: 623.4631). On the other end, November was the most stable month, with a tight range of 27.8075 UGX (High: 653.4709 / Low: 625.6634).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 27.5954 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 703.7513) against the same month in 2020 (average: 720.3809), the exchange rate shifted by -16.6297 (-2.31%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 711.9620 | 673.7809 | 689.0989 |
| February | 685.9099 | 654.1055 | 677.0793 |
| March | 668.0175 | 623.4631 | 649.4839 |
| April | 673.7003 | 633.9852 | 650.0701 |
| May | 680.6830 | 652.8586 | 670.4528 |
| June | 723.2545 | 688.6509 | 703.7513 |
| July | 704.6685 | 672.8965 | 687.7380 |
| August | 686.4771 | 652.5342 | 673.4248 |
| September | 681.9358 | 649.6393 | 669.3390 |
| October | 661.3371 | 629.5891 | 646.5045 |
| November | 653.4709 | 625.6634 | 639.7234 |
| December | 645.2340 | 617.2825 | 628.6954 |