2021 MZN to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MZN to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MZN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 65.1987. Conversely, the yearly low was recorded on February 16, dropping to 48.6453.
This high-to-low spread represents a total annual volatility of 16.5534 UGX. From a start-to-finish perspective, comparing the January average rate of 49.2523 to the December average rate of 55.6638, the exchange rate registered a net change of 13.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 65.1987 was up 8.37% compared to the 2020 peak of 60.1654, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MZN 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 54.3275, compared to 55.6820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3545 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 10.8395 UGX (High: 65.1987 / Low: 54.3592). On the other end, February was the most stable month, with a tight range of 0.2920 UGX (High: 48.9373 / Low: 48.6453).
Growth Streaks & Declines
TrendsBetween February and April, 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 May and June, when the average rate fell by 3.4586 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 60.8281) against the same month in 2020 (average: 56.2392), the exchange rate shifted by +4.5888 (+8.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.7463 | 48.8606 | 49.2523 |
| February | 48.9373 | 48.6453 | 48.7873 |
| March | 53.3674 | 48.9968 | 50.3751 |
| April | 65.1987 | 54.3592 | 60.8281 |
| May | 62.4921 | 58.1703 | 60.0903 |
| June | 58.0442 | 56.0315 | 56.6317 |
| July | 56.1304 | 55.6228 | 55.8578 |
| August | 55.8343 | 55.3951 | 55.5535 |
| September | 55.8088 | 55.1834 | 55.3157 |
| October | 56.7936 | 55.4750 | 56.0324 |
| November | 56.0760 | 55.1647 | 55.6689 |
| December | 56.0717 | 55.4329 | 55.6638 |