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2021 FJD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the FJD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1841.3725. Conversely, the yearly low was recorded on December 20, dropping to 1657.2062.
This high-to-low spread represents a total annual volatility of 184.1662 UGX. From a start-to-finish perspective, comparing the January average rate of 1812.8092 to the December average rate of 1669.3299, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 1841.3725 was up 2.60% compared to the 2020 peak of 1794.6287, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
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FJD 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 1775.9857, compared to 1693.6181 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 82.3676 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 81.3216 UGX (High: 1750.3316 / Low: 1669.0100). On the other end, December was the most stable month, with a tight range of 22.8621 UGX (High: 1680.0683 / Low: 1657.2062).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 22.9395 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 1812.8092) against the same month in 2020 (average: 1698.2358), the exchange rate shifted by +114.5734 (+6.75%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 1841.3725 | 1792.4982 | 1812.8092 |
| February | 1830.9665 | 1783.5201 | 1806.8553 |
| March | 1815.4276 | 1763.4641 | 1790.3111 |
| April | 1786.6630 | 1758.7255 | 1770.3157 |
| May | 1772.5692 | 1728.3668 | 1749.0414 |
| June | 1749.2119 | 1711.3243 | 1726.5815 |
| July | 1722.5315 | 1698.2626 | 1706.8740 |
| August | 1710.9814 | 1664.6411 | 1690.4692 |
| September | 1703.5881 | 1669.6659 | 1691.5399 |
| October | 1750.3316 | 1669.0100 | 1711.2263 |
| November | 1719.6544 | 1673.5330 | 1692.2693 |
| December | 1680.0683 | 1657.2062 | 1669.3299 |