YEARLY HIGH
262.2926 UGX
YEARLY LOW
219.9216 UGX
YEARLY AVERAGE
243.1224 UGX

2021 SZL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 262.2926. Conversely, the yearly low was recorded on December 15, dropping to 219.9216.

This high-to-low spread represents a total annual volatility of 42.3710 UGX. From a start-to-finish perspective, comparing the January average rate of 244.5494 to the December average rate of 223.9496, the exchange rate registered a net change of -8.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 262.2926 was up 0.13% compared to the 2020 peak of 261.9592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,311,463 UGX
2020 Average 1,135,494 UGX
Yearly Trough Low 1,099,608 UGX
Transaction Impact: A difference of 211,855.05 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

258.7181
220.7888
JanuMarcMayJulySeptNove

SZL 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 249.4101, compared to 236.8348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.5753 points.

H1 Avg (Jan–Jun) 249.4101
H2 Avg (Jul–Dec) 236.8348

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 16.2563 UGX (High: 247.1665 / Low: 230.9102). On the other end, April was the most stable month, with a tight range of 7.0683 UGX (High: 254.4233 / Low: 247.3550).

August Spread (Volatile) ±16.2563
April Spread (Stable) ±7.0683

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 11.2305 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.2305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 255.5573) against the same month in 2020 (average: 218.2366), the exchange rate shifted by +37.3207 (+17.10%).

2021 Avg (June) 255.5573
2020 Avg (June) 218.2366

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 252.2213 239.1019 244.5494
February 253.5952 243.1699 248.2717
March 249.5043 235.9100 244.3898
April 254.4233 247.3550 251.1039
May 257.7042 245.7016 252.5884
June 262.2926 248.5596 255.5573
July 250.9924 239.0859 245.1826
August 247.1665 230.9102 238.9815
September 250.0861 234.3553 242.8409
October 249.0817 233.9151 240.6423
November 236.2945 220.6578 229.4118
December 228.2507 219.9216 223.9496