2021 BOB to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BOB to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BOB to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 539.5759. Conversely, the yearly low was recorded on June 13, dropping to 505.3017.
This high-to-low spread represents a total annual volatility of 34.2742 UGX. From a start-to-finish perspective, comparing the January average rate of 535.7036 to the December average rate of 515.2302, the exchange rate registered a net change of -3.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 539.5759 was down 5.01% compared to the 2020 peak of 568.0491, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BOB 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: Jan–Jun) was 524.7538, compared to 514.4765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.2774 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 12.9069 UGX (High: 525.5660 / Low: 512.6592). On the other end, March was the most stable month, with a tight range of 3.3779 UGX (High: 531.5462 / Low: 528.1683).
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 10.3355 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 535.7036) against the same month in 2020 (average: 531.9437), the exchange rate shifted by +3.7599 (+0.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 539.5759 | 528.2879 | 535.7036 |
| February | 533.7152 | 529.2861 | 530.7941 |
| March | 531.5462 | 528.1683 | 530.1472 |
| April | 529.7200 | 518.0317 | 525.2193 |
| May | 520.7787 | 511.9508 | 514.8838 |
| June | 515.5632 | 505.3017 | 511.7750 |
| July | 516.3063 | 512.4859 | 514.4532 |
| August | 514.8633 | 511.2113 | 512.5310 |
| September | 515.5853 | 509.7745 | 511.3652 |
| October | 525.5660 | 512.6592 | 518.1683 |
| November | 519.2421 | 511.0769 | 515.1109 |
| December | 517.7722 | 512.5801 | 515.2302 |