YEARLY HIGH
264.0343 UGX
YEARLY LOW
218.9520 UGX
YEARLY AVERAGE
242.8972 UGX

2021 ZAR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 264.0343. Conversely, the yearly low was recorded on November 27, dropping to 218.9520.

This high-to-low spread represents a total annual volatility of 45.0822 UGX. From a start-to-finish perspective, comparing the January average rate of 244.2017 to the December average rate of 223.9032, the exchange rate registered a net change of -8.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 264.0343 was up 0.41% compared to the 2020 peak of 262.9511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 13,201,713 UGX
2020 Average 11,346,411 UGX
Yearly Trough Low 10,947,602 UGX
Transaction Impact: A difference of 2,254,110.64 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

257.4147
220.8567
JanuMarcMayJulySeptNove

ZAR 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 249.2512, compared to 236.5432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7080 points.

H1 Avg (Jan–Jun) 249.2512
H2 Avg (Jul–Dec) 236.5432

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 18.4496 UGX (High: 237.4016 / Low: 218.9520). On the other end, December was the most stable month, with a tight range of 7.3853 UGX (High: 228.1780 / Low: 220.7926).

November Spread (Volatile) ±18.4496
December Spread (Stable) ±7.3853

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 11.9378 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.9378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 254.3682) against the same month in 2020 (average: 218.2910), the exchange rate shifted by +36.0772 (+16.53%).

2021 Avg (June) 254.3682
2020 Avg (June) 218.2910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 250.7137 238.4014 244.2017
February 253.4346 242.4025 248.3247
March 250.3928 235.8350 244.3898
April 255.4539 246.5869 251.4077
May 258.4388 245.6395 252.8152
June 264.0343 246.3376 254.3682
July 250.0336 238.7610 244.8255
August 248.1069 230.3852 239.2176
September 249.1745 233.1389 242.2256
October 250.2372 233.1446 240.5125
November 237.4016 218.9520 228.5748
December 228.1780 220.7926 223.9032