2021 RSD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 RSD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the RSD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 38.7470. Conversely, the yearly low was recorded on December 17, dropping to 33.9727.
This high-to-low spread represents a total annual volatility of 4.7743 UGX. From a start-to-finish perspective, comparing the January average rate of 38.1393 to the December average rate of 34.1791, the exchange rate registered a net change of -10.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 38.7470 was up 1.50% compared to the 2020 peak of 38.1761, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
RSD 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 37.1199, compared to 35.0788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0411 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 1.1191 UGX (High: 35.9899 / Low: 34.8708). On the other end, December was the most stable month, with a tight range of 0.4743 UGX (High: 34.4470 / Low: 33.9727).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8435 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 38.1393) against the same month in 2020 (average: 34.7414), the exchange rate shifted by +3.3980 (+9.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.7470 | 37.7386 | 38.1393 |
| February | 37.9534 | 37.3349 | 37.7060 |
| March | 37.5660 | 36.5170 | 37.0628 |
| April | 37.0428 | 36.5631 | 36.8388 |
| May | 37.0478 | 36.3028 | 36.6892 |
| June | 36.8661 | 35.8227 | 36.2833 |
| July | 36.0956 | 35.4463 | 35.7306 |
| August | 35.9643 | 35.1174 | 35.4198 |
| September | 35.6024 | 35.0342 | 35.3613 |
| October | 35.9899 | 34.8708 | 35.3127 |
| November | 35.0604 | 34.0255 | 34.4692 |
| December | 34.4470 | 33.9727 | 34.1791 |