2021 IQD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 IQD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the IQD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.5425. Conversely, the yearly low was recorded on June 10, dropping to 2.4101.
This high-to-low spread represents a total annual volatility of 0.1325 UGX. From a start-to-finish perspective, comparing the January average rate of 2.5244 to the December average rate of 2.4348, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 2.5425 was down 22.50% compared to the 2020 peak of 3.2809, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 IQD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
IQD to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2.4805, compared to 2.4329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0476 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.0655 UGX (High: 2.5106 / Low: 2.4451). On the other end, March was the most stable month, with a tight range of 0.0122 UGX (High: 2.5123 / Low: 2.5000).
Growth Streaks & Declines
TrendsNo 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 0.0517 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 2.5244) against the same month in 2020 (average: 3.0859), the exchange rate shifted by -0.5614 (-18.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.5425 | 2.4896 | 2.5244 |
| February | 2.5205 | 2.5042 | 2.5103 |
| March | 2.5123 | 2.5000 | 2.5067 |
| April | 2.5106 | 2.4451 | 2.4843 |
| May | 2.4561 | 2.4169 | 2.4326 |
| June | 2.4372 | 2.4101 | 2.4248 |
| July | 2.4472 | 2.4248 | 2.4342 |
| August | 2.4352 | 2.4193 | 2.4241 |
| September | 2.4387 | 2.4126 | 2.4181 |
| October | 2.4857 | 2.4247 | 2.4509 |
| November | 2.4528 | 2.4183 | 2.4356 |
| December | 2.4464 | 2.4191 | 2.4348 |