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2021 SBD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SBD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 466.1970. Conversely, the yearly low was recorded on September 5, dropping to 436.5344.
This high-to-low spread represents a total annual volatility of 29.6626 UGX. From a start-to-finish perspective, comparing the January average rate of 461.1385 to the December average rate of 439.5195, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 466.1970 was down 1.68% compared to the 2020 peak of 474.1558, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
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SBD 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 453.5151, compared to 440.8129 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 12.7021 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 13.5594 UGX (High: 462.6891 / Low: 449.1297). On the other end, August was the most stable month, with a tight range of 2.8904 UGX (High: 441.0660 / Low: 438.1757).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 8.4021 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 461.1385) against the same month in 2020 (average: 444.1442), the exchange rate shifted by +16.9943 (+3.83%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 466.1970 | 456.7908 | 461.1385 |
| February | 459.8487 | 456.0736 | 458.1390 |
| March | 462.6891 | 449.1297 | 459.0890 |
| April | 458.6587 | 449.2206 | 454.2004 |
| May | 451.6922 | 442.7151 | 445.7983 |
| June | 444.6760 | 440.7690 | 442.7252 |
| July | 443.9748 | 439.8048 | 441.6721 |
| August | 441.0660 | 438.1757 | 439.3072 |
| September | 441.6340 | 436.5344 | 438.0391 |
| October | 450.9276 | 439.0280 | 444.3566 |
| November | 444.8118 | 438.7885 | 441.9832 |
| December | 442.4141 | 436.8547 | 439.5195 |