2021 EUR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 EUR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the EUR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 4555.8429. Conversely, the yearly low was recorded on December 18, dropping to 3996.0326.
This high-to-low spread represents a total annual volatility of 559.8103 UGX. From a start-to-finish perspective, comparing the January average rate of 4491.0031 to the December average rate of 4019.2750, the exchange rate registered a net change of -10.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 4555.8429 was up 1.51% compared to the 2020 peak of 4488.1780, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
EUR 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 4366.2447, compared to 4123.3782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 242.8666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 139.7035 UGX (High: 4334.1452 / Low: 4194.4418). On the other end, December was the most stable month, with a tight range of 54.0286 UGX (High: 4050.0611 / Low: 3996.0326).
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 October and November, when the average rate fell by 95.0795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 4491.0031) against the same month in 2020 (average: 4084.4874), the exchange rate shifted by +406.5158 (+9.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4555.8429 | 4435.6588 | 4491.0031 |
| February | 4467.8048 | 4383.0165 | 4434.9346 |
| March | 4424.3243 | 4290.5784 | 4357.1842 |
| April | 4370.0301 | 4297.0669 | 4337.7508 |
| May | 4350.2141 | 4270.3376 | 4315.5915 |
| June | 4334.1452 | 4194.4418 | 4261.0043 |
| July | 4229.6278 | 4167.3114 | 4199.7756 |
| August | 4216.0639 | 4126.4190 | 4163.9787 |
| September | 4192.4898 | 4104.0529 | 4154.9515 |
| October | 4221.3349 | 4103.2555 | 4148.6838 |
| November | 4126.5182 | 4001.5250 | 4053.6043 |
| December | 4050.0611 | 3996.0326 | 4019.2750 |