2021 SEK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SEK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SEK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 452.5305. Conversely, the yearly low was recorded on December 20, dropping to 387.5664.
This high-to-low spread represents a total annual volatility of 64.9641 UGX. From a start-to-finish perspective, comparing the January average rate of 444.7285 to the December average rate of 390.8923, the exchange rate registered a net change of -12.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 452.5305 was up 1.78% compared to the 2020 peak of 444.5974, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
SEK 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 431.1013, compared to 405.6286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.4727 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 28.3369 UGX (High: 417.4106 / Low: 389.0737). On the other end, December was the most stable month, with a tight range of 7.5854 UGX (High: 395.1518 / Low: 387.5664).
Growth Streaks & Declines
TrendsBetween August and October, 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 November and December, when the average rate fell by 11.1878 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 444.7285) against the same month in 2020 (average: 387.1202), the exchange rate shifted by +57.6082 (+14.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 452.5305 | 438.9728 | 444.7285 |
| February | 444.3625 | 433.0519 | 439.7044 |
| March | 436.5622 | 419.1089 | 428.8075 |
| April | 431.7983 | 418.7038 | 426.5795 |
| May | 429.6328 | 419.1273 | 425.6373 |
| June | 428.9769 | 410.6798 | 421.1505 |
| July | 416.8889 | 407.1174 | 411.7045 |
| August | 413.1679 | 400.6690 | 407.5922 |
| September | 411.8576 | 401.9473 | 408.5030 |
| October | 420.6237 | 404.2587 | 412.9993 |
| November | 417.4106 | 389.0737 | 402.0801 |
| December | 395.1518 | 387.5664 | 390.8923 |