YEARLY HIGH
12.6947 UGX
YEARLY LOW
10.8374 UGX
YEARLY AVERAGE
11.8446 UGX

2021 HUF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HUF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 12.6947. Conversely, the yearly low was recorded on December 26, dropping to 10.8374.

This high-to-low spread represents a total annual volatility of 1.8573 UGX. From a start-to-finish perspective, comparing the January average rate of 12.5001 to the December average rate of 10.9420, the exchange rate registered a net change of -12.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.6947 was up 0.08% compared to the 2020 peak of 12.6850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 12,694,736 UGX
2020 Average 12,082,671 UGX
Yearly Trough Low 10,837,430 UGX
Transaction Impact: A difference of 1,857,306.45 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.6559
10.7862
JanuMarcMayJulySeptNove

HUF 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 12.1986, compared to 11.4905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7081 points.

H1 Avg (Jan–Jun) 12.1986
H2 Avg (Jul–Dec) 11.4905

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.7329 UGX (High: 12.5192 / Low: 11.7863). On the other end, April was the most stable month, with a tight range of 0.2520 UGX (High: 12.1437 / Low: 11.8917).

June Spread (Volatile) ±0.7329
April Spread (Stable) ±0.2520

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.4613 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 12.5001) against the same month in 2020 (average: 12.2265), the exchange rate shifted by +0.2736 (+2.24%).

2021 Avg (January) 12.5001
2020 Avg (January) 12.2265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.6947 12.3106 12.5001
February 12.4597 12.2058 12.3718
March 12.1433 11.8046 11.9105
April 12.1437 11.8917 12.0257
May 12.5103 11.8535 12.2069
June 12.5192 11.7863 12.1768
July 12.0200 11.5643 11.7584
August 11.9837 11.7131 11.8351
September 12.0309 11.3882 11.7945
October 11.6551 11.2987 11.4995
November 11.5013 10.8446 11.1135
December 11.1153 10.8374 10.9420