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2021 MUR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MUR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 94.6044. Conversely, the yearly low was recorded on December 27, dropping to 80.4105.
This high-to-low spread represents a total annual volatility of 14.1939 UGX. From a start-to-finish perspective, comparing the January average rate of 93.4023 to the December average rate of 81.6240, the exchange rate registered a net change of -12.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 94.6044 was down 7.07% compared to the 2020 peak of 101.8036, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
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MUR 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 90.0932, compared to 82.6877 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 7.4056 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 4.7976 UGX (High: 87.5145 / Low: 82.7169). On the other end, September was the most stable month, with a tight range of 1.4910 UGX (High: 83.4735 / Low: 81.9825).
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 June and July, when the average rate fell by 3.4487 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 93.4023) against the same month in 2020 (average: 100.5424), the exchange rate shifted by -7.1401 (-7.10%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 94.6044 | 92.0731 | 93.4023 |
| February | 92.9208 | 91.1453 | 92.2333 |
| March | 92.0884 | 89.8090 | 91.1958 |
| April | 91.0134 | 87.8346 | 89.6797 |
| May | 89.2027 | 85.8664 | 87.6287 |
| June | 87.5145 | 82.7169 | 86.4197 |
| July | 83.6767 | 82.1281 | 82.9710 |
| August | 83.6725 | 82.0506 | 82.9527 |
| September | 83.4735 | 81.9825 | 82.9825 |
| October | 84.6494 | 81.7576 | 83.5290 |
| November | 82.8902 | 80.8659 | 82.0668 |
| December | 83.1146 | 80.4105 | 81.6240 |