YEARLY HIGH
2807.9140 UGX
YEARLY LOW
2589.2433 UGX
YEARLY AVERAGE
2669.9864 UGX

2021 SGD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2807.9140. Conversely, the yearly low was recorded on August 19, dropping to 2589.2433.

This high-to-low spread represents a total annual volatility of 218.6707 UGX. From a start-to-finish perspective, comparing the January average rate of 2783.3805 to the December average rate of 2607.4989, the exchange rate registered a net change of -6.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2807.9140 was up 1.25% compared to the 2020 peak of 2773.3591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,039,570 UGX
2020 Average 13,475,559 UGX
Yearly Trough Low 12,946,216 UGX
Transaction Impact: A difference of 1,093,353.44 UGX purely based on transaction execution date.

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2800.9686
2589.9107
JanuMarcMayJulySeptNove

SGD 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 2719.1673, compared to 2620.8054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 98.3619 points.

H1 Avg (Jan–Jun) 2719.1673
H2 Avg (Jul–Dec) 2620.8054

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 89.4559 UGX (High: 2697.7069 / Low: 2608.2510). On the other end, September was the most stable month, with a tight range of 34.3779 UGX (High: 2632.3636 / Low: 2597.9857).

October Spread (Volatile) Âą89.4559
September Spread (Stable) Âą34.3779

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 43.1870 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -43.1870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2783.3805) against the same month in 2020 (average: 2723.0653), the exchange rate shifted by +60.3152 (+2.21%).

2021 Avg (January) 2783.3805
2020 Avg (January) 2723.0653

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Month High Low Average
January 2807.9140 2762.7376 2783.3805
February 2781.3087 2739.5964 2761.7149
March 2760.6894 2712.8245 2726.9602
April 2731.3668 2686.7049 2716.1212
May 2702.2919 2648.3703 2672.9342
June 2682.2898 2628.6894 2653.8927
July 2650.2942 2601.7807 2621.1570
August 2629.3412 2589.2433 2611.2914
September 2632.3636 2597.9857 2619.1307
October 2697.7069 2608.2510 2647.5206
November 2639.1276 2598.5536 2618.2341
December 2629.0902 2592.8203 2607.4989