YEARLY HIGH
1.3026 UGX
YEARLY LOW
1.2345 UGX
YEARLY AVERAGE
1.2580 UGX

2021 MNT to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1.3026. Conversely, the yearly low was recorded on November 15, dropping to 1.2345.

This high-to-low spread represents a total annual volatility of 0.0680 UGX. From a start-to-finish perspective, comparing the January average rate of 1.2933 to the December average rate of 1.2436, the exchange rate registered a net change of -3.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3026 was down 8.25% compared to the 2020 peak of 1.4197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,513 UGX
2020 Average 6,620 UGX
Yearly Trough Low 6,173 UGX
Transaction Impact: A difference of 340.19 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2986
1.2352
JanuMarcMayJulySeptNove

MNT 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 1.2706, compared to 1.2453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 1.2706
H2 Avg (Jul–Dec) 1.2453

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0294 UGX (High: 1.2725 / Low: 1.2431). On the other end, February was the most stable month, with a tight range of 0.0072 UGX (High: 1.2893 / Low: 1.2821).

October Spread (Volatile) ±0.0294
February Spread (Stable) ±0.0072

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 April and May, when the average rate fell by 0.0251 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.2933) against the same month in 2020 (average: 1.3608), the exchange rate shifted by -0.0675 (-4.96%).

2021 Avg (January) 1.2933
2020 Avg (January) 1.3608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3026 1.2807 1.2933
February 1.2893 1.2821 1.2852
March 1.2882 1.2807 1.2842
April 1.2833 1.2543 1.2714
May 1.2610 1.2383 1.2463
June 1.2492 1.2352 1.2433
July 1.2501 1.2410 1.2461
August 1.2465 1.2358 1.2405
September 1.2505 1.2377 1.2422
October 1.2725 1.2431 1.2551
November 1.2520 1.2345 1.2445
December 1.2520 1.2367 1.2436