YEARLY HIGH
67.9808 VEF
YEARLY LOW
0.0003 VEF
YEARLY AVERAGE
0.5476 VEF

2021 UGX to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 67.9808. Conversely, the yearly low was recorded on January 17, dropping to 0.0003.

This high-to-low spread represents a total annual volatility of 67.9805 VEF. From a start-to-finish perspective, comparing the January average rate of 6.5678 to the December average rate of 0.0003, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 67.9808 was down 0.30% compared to the 2020 peak of 68.1847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 339,904 VEF
2020 Average 334,323 VEF
Yearly Trough Low 1 VEF
Transaction Impact: A difference of 339,902.64 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.2246
-0.6565
JanuMarcMayJulySeptNove

UGX to VEF 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 1.0949, compared to 0.0003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0946 points.

H1 Avg (Jan–Jun) 1.0949
H2 Avg (Jul–Dec) 0.0003

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 67.9805 VEF (High: 67.9808 / Low: 0.0003). On the other end, March was the most stable month, with a tight range of 0.0000 VEF (High: 0.0003 / Low: 0.0003).

January Spread (Volatile) ±67.9805
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 6.5675 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.5675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6.5678) against the same month in 2020 (average: 67.5523), the exchange rate shifted by -60.9845 (-90.28%).

2021 Avg (January) 6.5678
2020 Avg (January) 67.5523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.9808 0.0003 6.5678
February 0.0003 0.0003 0.0003
March 0.0003 0.0003 0.0003
April 0.0003 0.0003 0.0003
May 0.0003 0.0003 0.0003
June 0.0003 0.0003 0.0003
July 0.0003 0.0003 0.0003
August 0.0003 0.0003 0.0003
September 0.0003 0.0003 0.0003
October 0.0003 0.0003 0.0003
November 0.0003 0.0003 0.0003
December 0.0003 0.0003 0.0003