YEARLY HIGH
11.9912 IRR
YEARLY LOW
11.3230 IRR
YEARLY AVERAGE
11.7555 IRR

2021 UGX to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 11.9912. Conversely, the yearly low was recorded on January 17, dropping to 11.3230.

This high-to-low spread represents a total annual volatility of 0.6682 IRR. From a start-to-finish perspective, comparing the January average rate of 11.4081 to the December average rate of 11.8878, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.9912 was down 32.67% compared to the 2020 peak of 17.8106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,956 IRR
2020 Average 56,743 IRR
Yearly Trough Low 56,615 IRR
Transaction Impact: A difference of 3,340.82 IRR purely based on transaction execution date.

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12.0112
11.3533
JanuMarcMayJulySeptNove

UGX to IRR 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 11.6243, compared to 11.8867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2624 points.

H1 Avg (Jan–Jun) 11.6243
H2 Avg (Jul–Dec) 11.8867

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.2960 IRR (High: 11.9224 / Low: 11.6264). On the other end, March was the most stable month, with a tight range of 0.0487 IRR (High: 11.5257 / Low: 11.4770).

October Spread (Volatile) Âą0.2960
March Spread (Stable) Âą0.0487

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1549 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 11.9564) against the same month in 2020 (average: 11.3896), the exchange rate shifted by +0.5668 (+4.98%).

2021 Avg (September) 11.9564
2020 Avg (September) 11.3896

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Month High Low Average
January 11.5487 11.3230 11.4081
February 11.5043 11.4455 11.4821
March 11.5257 11.4770 11.4992
April 11.7747 11.4932 11.6109
May 11.9270 11.7126 11.8511
June 11.9707 11.8378 11.8941
July 11.9139 11.8108 11.8663
August 11.9535 11.8655 11.9203
September 11.9912 11.8591 11.9564
October 11.9224 11.6264 11.8015
November 11.9735 11.8017 11.8880
December 11.9415 11.8026 11.8878