YEARLY HIGH
1637.9514 UGX
YEARLY LOW
1545.2299 UGX
YEARLY AVERAGE
1583.1520 UGX

2021 TOP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1637.9514. Conversely, the yearly low was recorded on August 22, dropping to 1545.2299.

This high-to-low spread represents a total annual volatility of 92.7215 UGX. From a start-to-finish perspective, comparing the January average rate of 1618.1932 to the December average rate of 1556.0200, the exchange rate registered a net change of -3.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1637.9514 was down 1.73% compared to the 2020 peak of 1666.7981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,189,757 UGX
2020 Average 8,074,680 UGX
Yearly Trough Low 7,726,150 UGX
Transaction Impact: A difference of 463,607.66 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1624.4106
1549.8027
JanuMarcMayJulySeptNove

TOP 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 1596.1455, compared to 1570.1584 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 25.9871 points.

H1 Avg (JanтАУJun) 1596.1455
H2 Avg (JulтАУDec) 1570.1584

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 55.6481 UGX (High: 1614.3845 / Low: 1558.7363). On the other end, December was the most stable month, with a tight range of 14.1374 UGX (High: 1561.9356 / Low: 1547.7981).

October Spread (Volatile) ┬▒55.6481
December Spread (Stable) ┬▒14.1374

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 20.5729 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.5729

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1618.1932) against the same month in 2020 (average: 1601.6577), the exchange rate shifted by +16.5355 (+1.03%).

2021 Avg (January) 1618.1932
2020 Avg (January) 1601.6577

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 1637.9514 1601.8682 1618.1932
February 1612.6296 1589.4677 1597.6204
March 1622.6212 1593.5703 1605.8780
April 1601.2162 1577.4671 1593.1479
May 1590.1530 1562.9590 1577.9136
June 1598.3058 1570.2942 1584.1201
July 1585.8380 1566.1152 1572.8266
August 1574.9260 1545.2299 1562.8471
September 1573.4437 1559.1088 1567.2076
October 1614.3845 1558.7363 1587.8019
November 1589.7752 1559.8221 1574.2470
December 1561.9356 1547.7981 1556.0200