YEARLY HIGH
71.8557 UGX
YEARLY LOW
67.2175 UGX
YEARLY AVERAGE
69.6375 UGX

2021 GMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 71.8557. Conversely, the yearly low was recorded on December 31, dropping to 67.2175.

This high-to-low spread represents a total annual volatility of 4.6382 UGX. From a start-to-finish perspective, comparing the January average rate of 71.4459 to the December average rate of 67.6821, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 71.8557 was down 6.74% compared to the 2020 peak of 77.0502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 359,279 UGX
2020 Average 361,051 UGX
Yearly Trough Low 336,087 UGX
Transaction Impact: A difference of 23,191.14 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

71.8223
67.3057
JanuMarcMayJulySeptNove

GMD 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 70.6095, compared to 68.6655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9440 points.

H1 Avg (Jan–Jun) 70.6095
H2 Avg (Jul–Dec) 68.6655

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.6072 UGX (High: 71.5172 / Low: 69.9100). On the other end, August was the most stable month, with a tight range of 0.4445 UGX (High: 69.4572 / Low: 69.0127).

April Spread (Volatile) ±1.6072
August Spread (Stable) ±0.4445

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 April and May, when the average rate fell by 1.5096 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.5096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 71.4459) against the same month in 2020 (average: 71.8740), the exchange rate shifted by -0.4281 (-0.60%).

2021 Avg (January) 71.4459
2020 Avg (January) 71.8740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.8557 70.6263 71.4459
February 71.6666 71.0465 71.3119
March 71.5833 71.1341 71.3802
April 71.5172 69.9100 70.9013
May 70.2807 68.9496 69.3917
June 69.6052 68.6978 69.2257
July 69.7642 69.1212 69.4284
August 69.4572 69.0127 69.1704
September 69.1290 67.7841 68.6362
October 69.8125 68.3150 69.0198
November 68.3860 67.4326 68.0560
December 68.1325 67.2175 67.6821