2021 SCR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SCR to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SCR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 279.7596. Conversely, the yearly low was recorded on February 21, dropping to 170.8757.
This high-to-low spread represents a total annual volatility of 108.8839 UGX. From a start-to-finish perspective, comparing the January average rate of 173.8687 to the December average rate of 264.3479, the exchange rate registered a net change of 52.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 279.7596 was down 6.01% compared to the 2020 peak of 297.6635, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
SCR 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 199.5534, compared to 259.1814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 59.6280 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 84.0809 UGX (High: 260.2091 / Low: 176.1282). On the other end, January was the most stable month, with a tight range of 4.4518 UGX (High: 175.3685 / Low: 170.9166).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 9.6854 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 264.3479) against the same month in 2020 (average: 172.9266), the exchange rate shifted by +91.4212 (+52.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 175.3685 | 170.9166 | 173.8687 |
| February | 176.5779 | 170.8757 | 173.2127 |
| March | 179.6784 | 171.1855 | 173.0080 |
| April | 260.2091 | 176.1282 | 223.8316 |
| May | 242.7568 | 214.9429 | 225.7738 |
| June | 241.8508 | 213.4349 | 227.6257 |
| July | 263.0214 | 216.3891 | 240.6177 |
| August | 275.9312 | 230.0704 | 258.1989 |
| September | 275.9764 | 251.0128 | 269.0363 |
| October | 277.9969 | 237.7031 | 259.3509 |
| November | 278.5733 | 239.4047 | 263.5365 |
| December | 279.7596 | 238.2679 | 264.3479 |