2021 SHP to UGX Historical Review

YEARLY HIGH

5187.9164 UGX

YEARLY LOW

4682.3097 UGX

YEARLY AVERAGE

4934.9822 UGX

2021 SHP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 5187.9164. Conversely, the yearly low was recorded on December 20, dropping to 4682.3097.

This high-to-low spread represents a total annual volatility of 505.6067 UGX. From a start-to-finish perspective, comparing the January average rate of 5035.7187 to the December average rate of 4731.3703, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5187.9164 was up 3.81% compared to the 2020 peak of 4997.4739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,939,582 UGX

2020 Average 23,849,021 UGX

Yearly Trough Low 23,411,548 UGX

Transaction Impact: A difference of 2,528,033.71 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5123.2480

4695.7451

JanuMarcMayJulySeptNove

SHP 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 5029.5977, compared to 4840.3666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 189.2312 points.

H1 Avg (Jan–Jun) 5029.5977

H2 Avg (Jul–Dec) 4840.3666

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 212.3941 UGX (High: 5006.1523 / Low: 4793.7582). On the other end, January was the most stable month, with a tight range of 84.5717 UGX (High: 5076.2467 / Low: 4991.6750).

October Spread (Volatile) ±212.3941

January Spread (Stable) ±84.5717

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 October and November, when the average rate fell by 117.5575 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -117.5575

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 5087.6228) against the same month in 2020 (average: 4768.2454), the exchange rate shifted by +319.3773 (+6.70%).

2021 Avg (February) 5087.6228

2020 Avg (February) 4768.2454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5076.2467	4991.6750	5035.7187
February	5187.9164	5007.4153	5087.6228
March	5127.7173	5017.5650	5074.3438
April	5090.7031	4940.6398	5017.4139
May	5047.3145	4935.9473	5001.4666
June	5023.7653	4879.6268	4961.0208
July	4956.5275	4854.0975	4905.9013
August	4943.4192	4808.8145	4880.3998
September	4888.3305	4750.1806	4850.3622
October	5006.1523	4793.7582	4895.8616
November	4865.1857	4715.4832	4778.3042
December	4797.8968	4682.3097	4731.3703