2021 CNY to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CNY to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CNY to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 574.5928. Conversely, the yearly low was recorded on August 22, dropping to 542.9600.
This high-to-low spread represents a total annual volatility of 31.6328 UGX. From a start-to-finish perspective, comparing the January average rate of 570.0923 to the December average rate of 558.0940, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 574.5928 was up 1.42% compared to the 2020 peak of 566.5245, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
CNY 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 559.8479, compared to 552.0828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7651 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 19.6104 UGX (High: 568.5945 / Low: 548.9841). On the other end, February was the most stable month, with a tight range of 4.9049 UGX (High: 570.1294 / Low: 565.2245).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 6.3962 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 570.0923) against the same month in 2020 (average: 531.2430), the exchange rate shifted by +38.8493 (+7.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 574.5928 | 559.5075 | 570.0923 |
| February | 570.1294 | 565.2245 | 567.2142 |
| March | 566.8469 | 556.8958 | 562.2966 |
| April | 559.2379 | 551.5235 | 555.9004 |
| May | 556.8395 | 548.3596 | 552.6160 |
| June | 555.8847 | 547.8394 | 550.9678 |
| July | 551.4783 | 546.1355 | 548.2929 |
| August | 549.8314 | 542.9600 | 546.0976 |
| September | 552.2598 | 545.2928 | 546.6208 |
| October | 568.5945 | 548.9841 | 557.1269 |
| November | 560.5930 | 552.1054 | 556.2644 |
| December | 562.6972 | 555.8352 | 558.0940 |