YEARLY HIGH
0.0883 UGX
YEARLY LOW
0.0834 UGX
YEARLY AVERAGE
0.0851 UGX

2021 IRR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0883. Conversely, the yearly low was recorded on September 5, dropping to 0.0834.

This high-to-low spread represents a total annual volatility of 0.0049 UGX. From a start-to-finish perspective, comparing the January average rate of 0.0877 to the December average rate of 0.0841, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0883 was down 5.15% compared to the 2020 peak of 0.0931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 442 UGX
2020 Average 441 UGX
Yearly Trough Low 417 UGX
Transaction Impact: A difference of 24.61 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0881
0.0832
JanuMarcMayJulySeptNove

IRR 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 0.0861, compared to 0.0841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0861
H2 Avg (Jul–Dec) 0.0841

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0021 UGX (High: 0.0860 / Low: 0.0839). On the other end, March was the most stable month, with a tight range of 0.0004 UGX (High: 0.0871 / Low: 0.0868).

October Spread (Volatile) ±0.0021
March Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0017 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0877) against the same month in 2020 (average: 0.0874), the exchange rate shifted by +0.0003 (+0.34%).

2021 Avg (January) 0.0877
2020 Avg (January) 0.0874

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0883 0.0866 0.0877
February 0.0874 0.0869 0.0871
March 0.0871 0.0868 0.0870
April 0.0870 0.0849 0.0861
May 0.0854 0.0838 0.0844
June 0.0845 0.0835 0.0841
July 0.0847 0.0839 0.0843
August 0.0843 0.0837 0.0839
September 0.0843 0.0834 0.0836
October 0.0860 0.0839 0.0847
November 0.0847 0.0835 0.0841
December 0.0847 0.0837 0.0841