2021 NAD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NAD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NAD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 262.6406. Conversely, the yearly low was recorded on November 28, dropping to 219.1399.
This high-to-low spread represents a total annual volatility of 43.5007 UGX. From a start-to-finish perspective, comparing the January average rate of 244.7829 to the December average rate of 223.5370, the exchange rate registered a net change of -8.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 262.6406 was up 0.26% compared to the 2020 peak of 261.9592, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NAD 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 249.6038, compared to 236.2163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.3875 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 28.0015 UGX (High: 247.1414 / Low: 219.1399). On the other end, December was the most stable month, with a tight range of 8.4092 UGX (High: 228.3308 / Low: 219.9216).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 11.5471 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 255.8698) against the same month in 2020 (average: 218.3394), the exchange rate shifted by +37.5304 (+17.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 251.9356 | 238.8401 | 244.7829 |
| February | 252.3848 | 243.1098 | 248.9336 |
| March | 249.3981 | 235.4454 | 244.4780 |
| April | 254.3589 | 245.8176 | 250.5501 |
| May | 257.7979 | 245.4577 | 253.0085 |
| June | 262.6406 | 248.2083 | 255.8698 |
| July | 248.3747 | 238.5258 | 244.3227 |
| August | 246.8778 | 230.5718 | 240.8481 |
| September | 247.0766 | 234.4282 | 238.1342 |
| October | 249.0889 | 233.9151 | 240.5448 |
| November | 247.1414 | 219.1399 | 229.9109 |
| December | 228.3308 | 219.9216 | 223.5370 |