YEARLY HIGH
479.5948 UGX
YEARLY LOW
452.8056 UGX
YEARLY AVERAGE
461.5126 UGX

2021 HKD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 479.5948. Conversely, the yearly low was recorded on September 4, dropping to 452.8056.

This high-to-low spread represents a total annual volatility of 26.7891 UGX. From a start-to-finish perspective, comparing the January average rate of 476.0846 to the December average rate of 455.8404, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 479.5948 was down 5.15% compared to the 2020 peak of 505.6450, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,989,869 UGX
2020 Average 11,980,033 UGX
Yearly Trough Low 11,320,141 UGX
Transaction Impact: A difference of 669,728.44 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

478.3258
451.4314
JanuMarcMayJulySeptNove

HKD 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 466.8395, compared to 456.1856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.6539 points.

H1 Avg (Jan–Jun) 466.8395
H2 Avg (Jul–Dec) 456.1856

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 12.1901 UGX (High: 466.7676 / Low: 454.5775). On the other end, March was the most stable month, with a tight range of 1.8922 UGX (High: 472.5653 / Low: 470.6731).

October Spread (Volatile) ±12.1901
March Spread (Stable) ±1.8922

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 9.1953 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -9.1953

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 476.0846) against the same month in 2020 (average: 473.2149), the exchange rate shifted by +2.8697 (+0.61%).

2021 Avg (January) 476.0846
2020 Avg (January) 473.2149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 479.5948 471.4490 476.0846
February 474.5051 472.1042 472.9585
March 472.5653 470.6731 471.5668
April 471.1416 460.3695 466.7405
May 462.8345 454.5825 457.5452
June 458.2192 453.2284 456.1418
July 458.9893 455.6012 457.0194
August 457.0993 453.0959 454.5199
September 457.2270 452.8056 453.6726
October 466.7676 454.5775 459.8260
November 459.6191 452.8232 456.2355
December 458.7949 453.7562 455.8404