2021 MYR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MYR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MYR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 921.2271. Conversely, the yearly low was recorded on August 18, dropping to 832.9400.
This high-to-low spread represents a total annual volatility of 88.2871 UGX. From a start-to-finish perspective, comparing the January average rate of 913.9312 to the December average rate of 844.0545, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 921.2271 was up 1.26% compared to the 2020 peak of 909.7473, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MYR 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 884.6276, compared to 847.4386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 37.1890 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 24.6362 UGX (High: 870.0048 / Low: 845.3686). On the other end, June was the most stable month, with a tight range of 6.1743 UGX (High: 859.7283 / Low: 853.5540).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 18.2870 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 913.9312) against the same month in 2020 (average: 902.0106), the exchange rate shifted by +11.9206 (+1.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 921.2271 | 902.4225 | 913.9312 |
| February | 910.0146 | 900.4005 | 905.9812 |
| March | 903.6063 | 881.6958 | 890.7984 |
| April | 885.1836 | 872.2849 | 879.4291 |
| May | 877.7582 | 855.6441 | 861.1421 |
| June | 859.7283 | 853.5540 | 856.4834 |
| July | 857.8874 | 837.5068 | 845.2302 |
| August | 850.6385 | 832.9400 | 838.4442 |
| September | 852.0367 | 841.4134 | 847.3460 |
| October | 870.0048 | 845.3686 | 859.2734 |
| November | 856.6694 | 840.5791 | 850.2832 |
| December | 849.0582 | 838.7389 | 844.0545 |