2021 PKR āĻĨā§āĻā§ UGX-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2021 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2021 PKR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PKR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 24.0055. Conversely, the yearly low was recorded on December 28, dropping to 19.8414.
This high-to-low spread represents a total annual volatility of 4.1641 UGX. From a start-to-finish perspective, comparing the January average rate of 22.9841 to the December average rate of 20.0242, the exchange rate registered a net change of -12.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 24.0055 was down 2.73% compared to the 2020 peak of 24.6801, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2021 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
PKR 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 23.1569, compared to 20.9935 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 2.1634 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.8633 UGX (High: 20.9524 / Low: 20.0891). On the other end, February was the most stable month, with a tight range of 0.3784 UGX (High: 23.2256 / Low: 22.8472).
Growth Streaks & Declines
TrendsBetween January and April, 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 July and August, when the average rate fell by 0.7200 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 23.4552) against the same month in 2020 (average: 23.7937), the exchange rate shifted by -0.3385 (-1.42%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.1500 | 22.7045 | 22.9841 |
| February | 23.2256 | 22.8472 | 23.0073 |
| March | 24.0055 | 23.1982 | 23.4552 |
| April | 23.9806 | 23.2465 | 23.6774 |
| May | 23.3605 | 22.8668 | 23.1808 |
| June | 22.9760 | 22.4591 | 22.6365 |
| July | 22.5930 | 21.8142 | 22.1958 |
| August | 21.8510 | 21.1850 | 21.4758 |
| September | 21.1516 | 20.7248 | 20.9527 |
| October | 21.1682 | 20.3104 | 20.8073 |
| November | 20.9524 | 20.0891 | 20.5053 |
| December | 20.3300 | 19.8414 | 20.0242 |