2021 EGP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 EGP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the EGP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 237.4542. Conversely, the yearly low was recorded on September 4, dropping to 224.0842.
This high-to-low spread represents a total annual volatility of 13.3700 UGX. From a start-to-finish perspective, comparing the January average rate of 234.8987 to the December average rate of 226.1943, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 237.4542 was down 4.60% compared to the 2020 peak of 248.9033, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
EGP 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 230.9985, compared to 226.0585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9400 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 6.7307 UGX (High: 237.4542 / Low: 230.7236). On the other end, August was the most stable month, with a tight range of 1.4677 UGX (High: 226.2641 / Low: 224.7964).
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 4.3155 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 234.8987) against the same month in 2020 (average: 231.3854), the exchange rate shifted by +3.5132 (+1.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 237.4542 | 230.7236 | 234.8987 |
| February | 235.2141 | 233.2908 | 234.0799 |
| March | 234.1891 | 232.1734 | 233.1785 |
| April | 234.3079 | 228.3488 | 231.0847 |
| May | 229.7010 | 225.2998 | 226.7691 |
| June | 227.1556 | 224.4669 | 225.9801 |
| July | 227.3506 | 225.3616 | 226.3645 |
| August | 226.2641 | 224.7964 | 225.3276 |
| September | 226.4638 | 224.0842 | 224.6927 |
| October | 230.8594 | 225.1309 | 227.6738 |
| November | 227.9502 | 224.2755 | 226.0982 |
| December | 227.4714 | 225.0264 | 226.1943 |