YEARLY HIGH
921.2271 UGX
YEARLY LOW
832.9400 UGX
YEARLY AVERAGE
866.0331 UGX

2021 MYR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 921.2271. Conversely, the yearly low was recorded on August 18, dropping to 832.9400.

This high-to-low spread represents a total annual volatility of 88.2871 UGX. From a start-to-finish perspective, comparing the January average rate of 913.9312 to the December average rate of 844.0545, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 921.2271 was up 1.26% compared to the 2020 peak of 909.7473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 18,424,543 UGX
2020 Average 17,699,130 UGX
Yearly Trough Low 16,658,800 UGX
Transaction Impact: A difference of 1,765,742.60 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

921.4800
830.8954
JanuMarcMayJulySeptNove

MYR 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 884.6276, compared to 847.4386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 37.1890 points.

H1 Avg (Jan–Jun) 884.6276
H2 Avg (Jul–Dec) 847.4386

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 24.6362 UGX (High: 870.0048 / Low: 845.3686). On the other end, June was the most stable month, with a tight range of 6.1743 UGX (High: 859.7283 / Low: 853.5540).

October Spread (Volatile) ±24.6362
June Spread (Stable) ±6.1743

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 18.2870 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -18.2870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 913.9312) against the same month in 2020 (average: 902.0106), the exchange rate shifted by +11.9206 (+1.32%).

2021 Avg (January) 913.9312
2020 Avg (January) 902.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 921.2271 902.4225 913.9312
February 910.0146 900.4005 905.9812
March 903.6063 881.6958 890.7984
April 885.1836 872.2849 879.4291
May 877.7582 855.6441 861.1421
June 859.7283 853.5540 856.4834
July 857.8874 837.5068 845.2302
August 850.6385 832.9400 838.4442
September 852.0367 841.4134 847.3460
October 870.0048 845.3686 859.2734
November 856.6694 840.5791 850.2832
December 849.0582 838.7389 844.0545