YEARLY HIGH
31.7410 UGX
YEARLY LOW
29.1881 UGX
YEARLY AVERAGE
30.3605 UGX

2021 NPR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 31.7410. Conversely, the yearly low was recorded on December 15, dropping to 29.1881.

This high-to-low spread represents a total annual volatility of 2.5529 UGX. From a start-to-finish perspective, comparing the January average rate of 31.5543 to the December average rate of 29.4971, the exchange rate registered a net change of -6.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 31.7410 was down 2.18% compared to the 2020 peak of 32.4468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,705 UGX
2020 Average 156,851 UGX
Yearly Trough Low 145,940 UGX
Transaction Impact: A difference of 12,764.65 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

31.7600
29.2914
JanuMarcMayJulySeptNove

NPR 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 30.9144, compared to 29.8066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1078 points.

H1 Avg (Jan–Jun) 30.9144
H2 Avg (Jul–Dec) 29.8066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.3190 UGX (High: 31.2657 / Low: 29.9468). On the other end, July was the most stable month, with a tight range of 0.2800 UGX (High: 29.9649 / Low: 29.6849).

April Spread (Volatile) ±1.3190
July Spread (Stable) ±0.2800

Growth Streaks & Declines

Trends

Between July and September, 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 0.9842 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9842

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 31.5352) against the same month in 2020 (average: 32.1591), the exchange rate shifted by -0.6238 (-1.94%).

2021 Avg (February) 31.5352
2020 Avg (February) 32.1591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.7245 31.1124 31.5543
February 31.7410 31.3125 31.5352
March 31.6838 31.0837 31.4847
April 31.2657 29.9468 30.5005
May 30.6217 30.0756 30.3313
June 30.4046 29.7829 30.0804
July 29.9649 29.6849 29.8060
August 30.2840 29.6441 29.8274
September 30.2386 29.7775 30.0040
October 30.2210 29.5879 29.8638
November 30.1127 29.6043 29.8410
December 29.7975 29.1881 29.4971