YEARLY HIGH
7.2513 UGX
YEARLY LOW
1.4087 UGX
YEARLY AVERAGE
3.6414 UGX

2021 SYP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 7.2513. Conversely, the yearly low was recorded on December 26, dropping to 1.4087.

This high-to-low spread represents a total annual volatility of 5.8426 UGX. From a start-to-finish perspective, comparing the January average rate of 7.1973 to the December average rate of 1.4150, the exchange rate registered a net change of -80.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.2513 was down 4.87% compared to the 2020 peak of 7.6227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,256 UGX
2020 Average 36,209 UGX
Yearly Trough Low 7,044 UGX
Transaction Impact: A difference of 29,212.78 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.7755
0.8368
JanuMarcMayJulySeptNove

SYP 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 4.7889, compared to 2.4940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2949 points.

H1 Avg (Jan–Jun) 4.7889
H2 Avg (Jul–Dec) 2.4940

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 4.2444 UGX (High: 7.1541 / Low: 2.9098). On the other end, December was the most stable month, with a tight range of 0.0161 UGX (High: 1.4248 / Low: 1.4087).

March Spread (Volatile) ±4.2444
December Spread (Stable) ±0.0161

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 March and April, when the average rate fell by 2.9775 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.9775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 7.1973) against the same month in 2020 (average: 7.1430), the exchange rate shifted by +0.0543 (+0.76%).

2021 Avg (January) 7.1973
2020 Avg (January) 7.1430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.2513 7.1194 7.1973
February 7.1740 7.1384 7.1512
March 7.1541 2.9098 5.8612
April 2.9130 2.8431 2.8836
May 2.8585 2.8079 2.8251
June 2.8280 2.7966 2.8148
July 2.8344 2.8134 2.8236
August 2.8256 2.8062 2.8131
September 2.8311 2.7983 2.8068
October 2.8866 2.8145 2.8453
November 2.8483 1.4182 2.2600
December 1.4248 1.4087 1.4150