YEARLY HIGH
2.5425 UGX
YEARLY LOW
2.4101 UGX
YEARLY AVERAGE
2.4567 UGX

2021 IQD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.5425. Conversely, the yearly low was recorded on June 10, dropping to 2.4101.

This high-to-low spread represents a total annual volatility of 0.1325 UGX. From a start-to-finish perspective, comparing the January average rate of 2.5244 to the December average rate of 2.4348, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5425 was down 22.50% compared to the 2020 peak of 3.2809, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,713 UGX
2020 Average 15,534 UGX
Yearly Trough Low 12,050 UGX
Transaction Impact: A difference of 662.28 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5351
2.4074
JanuMarcMayJulySeptNove

IQD 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 2.4805, compared to 2.4329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0476 points.

H1 Avg (Jan–Jun) 2.4805
H2 Avg (Jul–Dec) 2.4329

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0655 UGX (High: 2.5106 / Low: 2.4451). On the other end, March was the most stable month, with a tight range of 0.0122 UGX (High: 2.5123 / Low: 2.5000).

April Spread (Volatile) ±0.0655
March Spread (Stable) ±0.0122

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 0.0517 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.5244) against the same month in 2020 (average: 3.0859), the exchange rate shifted by -0.5614 (-18.19%).

2021 Avg (January) 2.5244
2020 Avg (January) 3.0859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5425 2.4896 2.5244
February 2.5205 2.5042 2.5103
March 2.5123 2.5000 2.5067
April 2.5106 2.4451 2.4843
May 2.4561 2.4169 2.4326
June 2.4372 2.4101 2.4248
July 2.4472 2.4248 2.4342
August 2.4352 2.4193 2.4241
September 2.4387 2.4126 2.4181
October 2.4857 2.4247 2.4509
November 2.4528 2.4183 2.4356
December 2.4464 2.4191 2.4348