YEARLY HIGH
1.9084 UGX
YEARLY LOW
1.7679 UGX
YEARLY AVERAGE
1.8172 UGX

2021 BIF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1.9084. Conversely, the yearly low was recorded on December 26, dropping to 1.7679.

This high-to-low spread represents a total annual volatility of 0.1405 UGX. From a start-to-finish perspective, comparing the January average rate of 1.8961 to the December average rate of 1.7797, the exchange rate registered a net change of -6.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9084 was down 7.44% compared to the 2020 peak of 2.0618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,542 UGX
2020 Average 9,709 UGX
Yearly Trough Low 8,840 UGX
Transaction Impact: A difference of 702.38 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9082
1.7628
JanuMarcMayJulySeptNove

BIF 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 1.8498, compared to 1.7847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0651 points.

H1 Avg (Jan–Jun) 1.8498
H2 Avg (Jul–Dec) 1.7847

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0594 UGX (High: 1.8811 / Low: 1.8216). On the other end, August was the most stable month, with a tight range of 0.0133 UGX (High: 1.7926 / Low: 1.7793).

April Spread (Volatile) ±0.0594
August Spread (Stable) ±0.0133

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 April and May, when the average rate fell by 0.0517 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.8961) against the same month in 2020 (average: 1.9517), the exchange rate shifted by -0.0556 (-2.85%).

2021 Avg (January) 1.8961
2020 Avg (January) 1.9517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9084 1.8778 1.8961
February 1.8944 1.8690 1.8799
March 1.8829 1.8625 1.8728
April 1.8811 1.8216 1.8561
May 1.8346 1.7896 1.8044
June 1.7962 1.7804 1.7894
July 1.8005 1.7837 1.7918
August 1.7926 1.7793 1.7833
September 1.7886 1.7692 1.7749
October 1.8211 1.7731 1.7955
November 1.7962 1.7689 1.7831
December 1.7899 1.7679 1.7797