YEARLY HIGH
26.0505 UGX
YEARLY LOW
22.6758 UGX
YEARLY AVERAGE
23.8327 UGX

2021 JMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 26.0505. Conversely, the yearly low was recorded on November 14, dropping to 22.6758.

This high-to-low spread represents a total annual volatility of 3.3747 UGX. From a start-to-finish perspective, comparing the January average rate of 25.6035 to the December average rate of 23.0278, the exchange rate registered a net change of -10.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 26.0505 was down 9.51% compared to the 2020 peak of 28.7877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 130,253 UGX
2020 Average 131,067 UGX
Yearly Trough Low 113,379 UGX
Transaction Impact: A difference of 16,873.41 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

25.8774
22.5906
JanuMarcMayJulySeptNove

JMD 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: JanтАУJun) was 24.4056, compared to 23.2599 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 1.1457 points.

H1 Avg (JanтАУJun) 24.4056
H2 Avg (JulтАУDec) 23.2599

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.8249 UGX (High: 25.1377 / Low: 23.3128). On the other end, December was the most stable month, with a tight range of 0.2206 UGX (High: 23.1360 / Low: 22.9154).

April Spread (Volatile) ┬▒1.8249
December Spread (Stable) ┬▒0.2206

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 1.1208 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 25.6035) against the same month in 2020 (average: 27.3486), the exchange rate shifted by -1.7451 (-6.38%).

2021 Avg (January) 25.6035
2020 Avg (January) 27.3486

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 26.0505 25.1398 25.6035
February 25.0748 24.2105 24.4828
March 25.1995 24.1991 24.8431
April 25.1377 23.3128 24.2580
May 23.8313 23.2449 23.5765
June 23.8981 23.4327 23.6694
July 23.8646 22.8443 23.2411
August 23.3428 22.8198 22.9897
September 24.1358 23.2949 23.6301
October 24.3040 23.0171 23.8059
November 23.0068 22.6758 22.8645
December 23.1360 22.9154 23.0278