YEARLY HIGH
602.6337 UGX
YEARLY LOW
531.4901 UGX
YEARLY AVERAGE
563.7210 UGX

2021 HRK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 602.6337. Conversely, the yearly low was recorded on December 18, dropping to 531.4901.

This high-to-low spread represents a total annual volatility of 71.1436 UGX. From a start-to-finish perspective, comparing the January average rate of 593.9842 to the December average rate of 534.3126, the exchange rate registered a net change of -10.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 602.6337 was up 1.12% compared to the 2020 peak of 595.9301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,013,168 UGX
2020 Average 2,813,793 UGX
Yearly Trough Low 2,657,450 UGX
Transaction Impact: A difference of 355,717.98 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

599.9513
528.3454
JanuMarcMayJulySeptNove

HRK 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 578.2259, compared to 549.2161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 29.0098 points.

H1 Avg (Jan–Jun) 578.2259
H2 Avg (Jul–Dec) 549.2161

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 18.0815 UGX (High: 577.1560 / Low: 559.0745). On the other end, December was the most stable month, with a tight range of 6.7498 UGX (High: 538.2399 / Low: 531.4901).

June Spread (Volatile) ±18.0815
December Spread (Stable) ±6.7498

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 13.2239 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -13.2239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 593.9842) against the same month in 2020 (average: 548.7050), the exchange rate shifted by +45.2791 (+8.25%).

2021 Avg (January) 593.9842
2020 Avg (January) 548.7050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 602.6337 588.5510 593.9842
February 590.1688 578.8053 585.5890
March 583.6947 566.7966 574.8049
April 577.8174 567.9194 573.0261
May 579.3081 566.2303 573.6442
June 577.1560 559.0745 568.3072
July 564.7679 552.8639 559.7268
August 562.8238 550.6558 555.4632
September 558.8972 547.2904 554.3759
October 562.2783 546.9789 552.3211
November 548.7740 531.7324 539.0972
December 538.2399 531.4901 534.3126