YEARLY HIGH
65.1987 UGX
YEARLY LOW
48.6453 UGX
YEARLY AVERAGE
55.0047 UGX

2021 MZN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 65.1987. Conversely, the yearly low was recorded on February 16, dropping to 48.6453.

This high-to-low spread represents a total annual volatility of 16.5534 UGX. From a start-to-finish perspective, comparing the January average rate of 49.2523 to the December average rate of 55.6638, the exchange rate registered a net change of 13.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 65.1987 was up 8.37% compared to the 2020 peak of 60.1654, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 325,993 UGX
2020 Average 268,434 UGX
Yearly Trough Low 243,226 UGX
Transaction Impact: A difference of 82,766.93 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

62.0321
47.5833
JanuMarcMayJulySeptNove

MZN 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 54.3275, compared to 55.6820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3545 points.

H1 Avg (Jan–Jun) 54.3275
H2 Avg (Jul–Dec) 55.6820

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 10.8395 UGX (High: 65.1987 / Low: 54.3592). On the other end, February was the most stable month, with a tight range of 0.2920 UGX (High: 48.9373 / Low: 48.6453).

April Spread (Volatile) ±10.8395
February Spread (Stable) ±0.2920

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 3.4586 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.4586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 60.8281) against the same month in 2020 (average: 56.2392), the exchange rate shifted by +4.5888 (+8.16%).

2021 Avg (April) 60.8281
2020 Avg (April) 56.2392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.7463 48.8606 49.2523
February 48.9373 48.6453 48.7873
March 53.3674 48.9968 50.3751
April 65.1987 54.3592 60.8281
May 62.4921 58.1703 60.0903
June 58.0442 56.0315 56.6317
July 56.1304 55.6228 55.8578
August 55.8343 55.3951 55.5535
September 55.8088 55.1834 55.3157
October 56.7936 55.4750 56.0324
November 56.0760 55.1647 55.6689
December 56.0717 55.4329 55.6638