YEARLY HIGH
188.6374 UGX
YEARLY LOW
162.6214 UGX
YEARLY AVERAGE
176.9092 UGX

2021 MXN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 188.6374. Conversely, the yearly low was recorded on November 27, dropping to 162.6214.

This high-to-low spread represents a total annual volatility of 26.0160 UGX. From a start-to-finish perspective, comparing the January average rate of 184.8716 to the December average rate of 170.1654, the exchange rate registered a net change of -7.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 188.6374 was down 4.68% compared to the 2020 peak of 197.9051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 9,431,868 UGX
2020 Average 8,700,083 UGX
Yearly Trough Low 8,131,070 UGX
Transaction Impact: A difference of 1,300,797.56 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

186.3422
168.6947
JanuMarcMayJulySeptNove

MXN 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 179.5325, compared to 174.2859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2466 points.

H1 Avg (Jan–Jun) 179.5325
H2 Avg (Jul–Dec) 174.2859

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 12.0436 UGX (High: 174.6650 / Low: 162.6214). On the other end, May was the most stable month, with a tight range of 3.2093 UGX (High: 178.9328 / Low: 175.7235).

November Spread (Volatile) ±12.0436
May Spread (Stable) ±3.2093

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 October and November, when the average rate fell by 4.6726 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.6726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 184.8716) against the same month in 2020 (average: 195.6307), the exchange rate shifted by -10.7591 (-5.50%).

2021 Avg (January) 184.8716
2020 Avg (January) 195.6307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 188.6374 178.7389 184.8716
February 183.9057 175.0718 180.6270
March 180.0265 170.4008 176.3423
April 182.6724 176.6499 180.7769
May 178.9328 175.7235 177.8935
June 179.4774 171.0116 176.6839
July 180.0016 176.3950 177.9995
August 178.7027 173.1736 176.1721
September 177.7354 172.4275 176.2171
October 179.3291 172.3360 174.9171
November 174.6650 162.6214 170.2445
December 173.1925 165.9073 170.1654