YEARLY HIGH
476.4830 UGX
YEARLY LOW
454.6912 UGX
YEARLY AVERAGE
463.5699 UGX

2021 GTQ to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 476.4830. Conversely, the yearly low was recorded on September 5, dropping to 454.6912.

This high-to-low spread represents a total annual volatility of 21.7919 UGX. From a start-to-finish perspective, comparing the January average rate of 473.6813 to the December average rate of 459.9487, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 476.4830 was down 5.92% compared to the 2020 peak of 506.4519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,382,415 UGX
2020 Average 2,406,636 UGX
Yearly Trough Low 2,273,456 UGX
Transaction Impact: A difference of 108,959.26 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

476.3168
454.3060
JanuMarcMayJulySeptNove

GTQ 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 468.3195, compared to 458.8202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.4993 points.

H1 Avg (Jan–Jun) 468.3195
H2 Avg (Jul–Dec) 458.8202

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 11.6104 UGX (High: 469.0231 / Low: 457.4128). On the other end, March was the most stable month, with a tight range of 2.3093 UGX (High: 475.8171 / Low: 473.5078).

October Spread (Volatile) ±11.6104
March Spread (Stable) ±2.3093

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 9.5814 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -9.5814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 473.4969) against the same month in 2020 (average: 481.0765), the exchange rate shifted by -7.5796 (-1.58%).

2021 Avg (February) 473.4969
2020 Avg (February) 481.0765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 476.4347 469.0171 473.6813
February 476.4830 470.9536 473.4969
March 475.8171 473.5078 474.4825
April 474.9402 463.4930 470.0528
May 465.9508 458.2342 460.4714
June 459.6066 455.3917 457.7324
July 460.0053 456.7744 458.3631
August 458.4487 455.6309 456.7841
September 460.0190 454.6912 456.1402
October 469.0231 457.4128 462.3254
November 462.8273 455.9411 459.3598
December 461.8425 458.4637 459.9487