2021 BGN to UGX Historical Review

YEARLY HIGH

2327.5907 UGX

YEARLY LOW

2044.2535 UGX

YEARLY AVERAGE

2170.3549 UGX

2021 BGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2327.5907. Conversely, the yearly low was recorded on December 20, dropping to 2044.2535.

This high-to-low spread represents a total annual volatility of 283.3372 UGX. From a start-to-finish perspective, comparing the January average rate of 2297.0349 to the December average rate of 2053.9313, the exchange rate registered a net change of -10.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2327.5907 was up 1.48% compared to the 2020 peak of 2293.5689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 11,637,953 UGX

2020 Average 10,844,785 UGX

Yearly Trough Low 10,221,268 UGX

Transaction Impact: A difference of 1,416,685.82 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2321.3453

2029.6210

JanuMarcMayJulySeptNove

BGN to UGX Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2232.3292, compared to 2108.3807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 123.9485 points.

H1 Avg (Jan–Jun) 2232.3292

H2 Avg (Jul–Dec) 2108.3807

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 75.8233 UGX (High: 2217.9751 / Low: 2142.1518). On the other end, December was the most stable month, with a tight range of 26.1820 UGX (High: 2070.4355 / Low: 2044.2535).

June Spread (Volatile) ±75.8233

December Spread (Stable) ±26.1820

Growth Streaks & Declines

Trends

No 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 48.0444 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -48.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2297.0349) against the same month in 2020 (average: 2088.2336), the exchange rate shifted by +208.8014 (+10.00%).

2021 Avg (January) 2297.0349

2020 Avg (January) 2088.2336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2327.5907	2275.0893	2297.0349
February	2283.6827	2242.9641	2268.0614
March	2262.0284	2190.3669	2227.1745
April	2232.5371	2197.1256	2216.9529
May	2224.6687	2184.2880	2206.1379
June	2217.9751	2142.1518	2178.6134
July	2160.0235	2130.3303	2147.1840
August	2155.1162	2107.1594	2128.7919
September	2142.0190	2107.2749	2125.9592
October	2158.8292	2098.2790	2121.2311
November	2109.5266	2045.7435	2073.1867
December	2070.4355	2044.2535	2053.9313

૨૦૨૫ BGN થી UGX ઐતિહાસિક સમીક્ષા