2021 GEL to UGX Historical Review

YEARLY HIGH

1160.3652 UGX

YEARLY LOW

1030.7211 UGX

YEARLY AVERAGE

1115.9366 UGX

2021 GEL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1160.3652. Conversely, the yearly low was recorded on May 9, dropping to 1030.7211.

This high-to-low spread represents a total annual volatility of 129.6442 UGX. From a start-to-finish perspective, comparing the January average rate of 1117.5387 to the December average rate of 1147.9113, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1160.3652 was down 13.49% compared to the 2020 peak of 1341.2587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,801,826 UGX

2020 Average 5,983,966 UGX

Yearly Trough Low 5,153,605 UGX

Transaction Impact: A difference of 648,220.77 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1157.3440

1044.1518

JanuMarcMayJulySeptNove

GEL 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 1092.2626, compared to 1139.6106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.3480 points.

H1 Avg (Jan–Jun) 1092.2626

H2 Avg (Jul–Dec) 1139.6106

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 58.1982 UGX (High: 1088.9193 / Low: 1030.7211). On the other end, September was the most stable month, with a tight range of 12.3857 UGX (High: 1144.7405 / Low: 1132.3548).

May Spread (Volatile) ±58.1982

September Spread (Stable) ±12.3857

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 41.6996 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -41.6996

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1147.9113) against the same month in 2020 (average: 1112.6281), the exchange rate shifted by +35.2832 (+3.17%).

2021 Avg (December) 1147.9113

2020 Avg (December) 1112.6281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1126.8283	1112.1745	1117.5387
February	1112.7661	1098.9056	1106.5036
March	1103.3523	1073.2901	1097.5380
April	1071.8580	1033.4962	1055.8384
May	1088.9193	1030.7211	1053.5844
June	1141.5973	1087.4726	1122.5726
July	1155.9876	1124.0139	1137.6799
August	1155.2822	1132.6242	1141.0225
September	1144.7405	1132.3548	1135.8240
October	1159.4968	1127.7397	1141.8249
November	1151.2810	1120.0904	1133.4009
December	1160.3652	1140.4138	1147.9113

2021 GEL నుండి UGX చారిత్రక సమీక్ష