YEARLY HIGH
1.8876 UGX
YEARLY LOW
1.7561 UGX
YEARLY AVERAGE
1.8017 UGX

2021 CDF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CDF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1.8876. Conversely, the yearly low was recorded on November 13, dropping to 1.7561.

This high-to-low spread represents a total annual volatility of 0.1314 UGX. From a start-to-finish perspective, comparing the January average rate of 1.8703 to the December average rate of 1.7771, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8876 was down 23.75% compared to the 2020 peak of 2.4754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,438 UGX
2020 Average 10,089 UGX
Yearly Trough Low 8,781 UGX
Transaction Impact: A difference of 657.20 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8801
1.7629
JanuMarcMayJulySeptNove

CDF 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 1.8242, compared to 1.7792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 1.8242
H2 Avg (Jul–Dec) 1.7792

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0612 UGX (High: 1.8483 / Low: 1.7871). On the other end, February was the most stable month, with a tight range of 0.0157 UGX (High: 1.8597 / Low: 1.8440).

April Spread (Volatile) ±0.0612
February Spread (Stable) ±0.0157

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 0.0425 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.8703) against the same month in 2020 (average: 2.1810), the exchange rate shifted by -0.3107 (-14.25%).

2021 Avg (January) 1.8703
2020 Avg (January) 2.1810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8876 1.8544 1.8703
February 1.8597 1.8440 1.8516
March 1.8641 1.8335 1.8422
April 1.8483 1.7871 1.8228
May 1.8003 1.7700 1.7803
June 1.7909 1.7651 1.7782
July 1.7960 1.7691 1.7825
August 1.7895 1.7700 1.7793
September 1.7863 1.7625 1.7727
October 1.8148 1.7668 1.7902
November 1.7872 1.7561 1.7731
December 1.8024 1.7679 1.7771