2021 NIO to UGX Historical Review

YEARLY HIGH

106.3831 UGX

YEARLY LOW

99.4474 UGX

YEARLY AVERAGE

102.2206 UGX

2021 NIO to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 106.3831. Conversely, the yearly low was recorded on December 21, dropping to 99.4474.

This high-to-low spread represents a total annual volatility of 6.9357 UGX. From a start-to-finish perspective, comparing the January average rate of 105.6114 to the December average rate of 100.6237, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 106.3831 was down 7.54% compared to the 2020 peak of 115.0572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 531,916 UGX

2020 Average 540,350 UGX

Yearly Trough Low 497,237 UGX

Transaction Impact: A difference of 34,678.55 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

106.1276

99.9335

JanuMarcMayJulySeptNove

NIO 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: Jan–Jun) was 103.4891, compared to 100.9521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5370 points.

H1 Avg (Jan–Jun) 103.4891

H2 Avg (Jul–Dec) 100.9521

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.2857 UGX (High: 104.9603 / Low: 101.6746). On the other end, August was the most stable month, with a tight range of 0.6546 UGX (High: 101.1821 / Low: 100.5275).

April Spread (Volatile) ±3.2857

August Spread (Stable) ±0.6546

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.4199 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -2.4199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 105.6114) against the same month in 2020 (average: 108.3637), the exchange rate shifted by -2.7523 (-2.54%).

2021 Avg (January) 105.6114

2020 Avg (January) 108.3637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	106.3831	104.8142	105.6114
February	106.0827	104.6095	104.9419
March	105.0139	104.2662	104.5925
April	104.9603	101.6746	103.6695
May	102.4201	100.3162	101.2495
June	101.8129	99.9960	100.8701
July	102.0755	100.6228	101.3624
August	101.1821	100.5275	100.7305
September	101.2287	100.1275	100.4497
October	103.1147	100.4010	101.6487
November	101.6356	100.1886	100.8979
December	101.3811	99.4474	100.6237