YEARLY HIGH
574.5928 UGX
YEARLY LOW
542.9600 UGX
YEARLY AVERAGE
555.9653 UGX

2021 CNY to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 574.5928. Conversely, the yearly low was recorded on August 22, dropping to 542.9600.

This high-to-low spread represents a total annual volatility of 31.6328 UGX. From a start-to-finish perspective, comparing the January average rate of 570.0923 to the December average rate of 558.0940, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 574.5928 was up 1.42% compared to the 2020 peak of 566.5245, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 14,364,820 UGX
2020 Average 13,471,135 UGX
Yearly Trough Low 13,574,000 UGX
Transaction Impact: A difference of 790,819.60 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

572.4917
543.6981
JanuMarcMayJulySeptNove

CNY 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 559.8479, compared to 552.0828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7651 points.

H1 Avg (Jan–Jun) 559.8479
H2 Avg (Jul–Dec) 552.0828

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 19.6104 UGX (High: 568.5945 / Low: 548.9841). On the other end, February was the most stable month, with a tight range of 4.9049 UGX (High: 570.1294 / Low: 565.2245).

October Spread (Volatile) ±19.6104
February Spread (Stable) ±4.9049

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 6.3962 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.3962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 570.0923) against the same month in 2020 (average: 531.2430), the exchange rate shifted by +38.8493 (+7.31%).

2021 Avg (January) 570.0923
2020 Avg (January) 531.2430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 574.5928 559.5075 570.0923
February 570.1294 565.2245 567.2142
March 566.8469 556.8958 562.2966
April 559.2379 551.5235 555.9004
May 556.8395 548.3596 552.6160
June 555.8847 547.8394 550.9678
July 551.4783 546.1355 548.2929
August 549.8314 542.9600 546.0976
September 552.2598 545.2928 546.6208
October 568.5945 548.9841 557.1269
November 560.5930 552.1054 556.2644
December 562.6972 555.8352 558.0940