2021 CAD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CAD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CAD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 2959.1401. Conversely, the yearly low was recorded on December 20, dropping to 2740.2499.
This high-to-low spread represents a total annual volatility of 218.8901 UGX. From a start-to-finish perspective, comparing the January average rate of 2900.1987 to the December average rate of 2777.4398, the exchange rate registered a net change of -4.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 2959.1401 was up 2.30% compared to the 2020 peak of 2892.4818, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
CAD 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 2904.3416, compared to 2818.5441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 85.7975 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 138.5879 UGX (High: 2937.0980 / Low: 2798.5101). On the other end, September was the most stable month, with a tight range of 53.2081 UGX (High: 2812.6302 / Low: 2759.4222).
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 June and July, when the average rate fell by 55.6976 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 2912.8118) against the same month in 2020 (average: 2703.3338), the exchange rate shifted by +209.4780 (+7.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2925.8274 | 2867.5695 | 2900.1987 |
| February | 2930.6521 | 2855.6102 | 2888.1041 |
| March | 2959.1401 | 2883.3253 | 2912.8118 |
| April | 2925.6013 | 2871.8466 | 2900.5552 |
| May | 2954.7041 | 2889.2824 | 2929.9887 |
| June | 2944.3633 | 2836.7304 | 2894.3912 |
| July | 2889.7367 | 2787.3020 | 2838.6937 |
| August | 2849.3689 | 2752.1122 | 2807.5264 |
| September | 2812.6302 | 2759.4222 | 2786.2028 |
| October | 2937.0980 | 2798.5101 | 2875.3386 |
| November | 2873.7571 | 2785.7201 | 2826.0634 |
| December | 2823.3966 | 2740.2499 | 2777.4398 |