YEARLY HIGH
2.8046 UGX
YEARLY LOW
1.8137 UGX
YEARLY AVERAGE
2.2567 UGX

2021 MMK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.8046. Conversely, the yearly low was recorded on October 6, dropping to 1.8137.

This high-to-low spread represents a total annual volatility of 0.9908 UGX. From a start-to-finish perspective, comparing the January average rate of 2.7741 to the December average rate of 1.9967, the exchange rate registered a net change of -28.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.8046 was down 3.68% compared to the 2020 peak of 2.9116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,023 UGX
2020 Average 13,528 UGX
Yearly Trough Low 9,069 UGX
Transaction Impact: A difference of 4,954.05 UGX purely based on transaction execution date.

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2.8620
1.8079
JanuMarcMayJulySeptNove

MMK 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 2.4817, compared to 2.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4500 points.

H1 Avg (Jan–Jun) 2.4817
H2 Avg (Jul–Dec) 2.0317

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3013 UGX (High: 2.5979 / Low: 2.2966). On the other end, March was the most stable month, with a tight range of 0.0077 UGX (High: 2.6014 / Low: 2.5937).

April Spread (Volatile) Âą0.3013
March Spread (Stable) Âą0.0077

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.2984 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.7741) against the same month in 2020 (average: 2.5050), the exchange rate shifted by +0.2691 (+10.74%).

2021 Avg (January) 2.7741
2020 Avg (January) 2.5050

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Month High Low Average
January 2.8046 2.7389 2.7741
February 2.7721 2.5958 2.6178
March 2.6014 2.5937 2.5975
April 2.5979 2.2966 2.5244
May 2.3088 2.1464 2.2260
June 2.1600 2.1373 2.1507
July 2.1659 2.1506 2.1580
August 2.1586 2.1444 2.1494
September 2.1476 1.8845 2.0030
October 1.9805 1.8137 1.8957
November 2.0233 1.9317 1.9876
December 2.0056 1.9906 1.9967