YEARLY HIGH
0.4149 IQD
YEARLY LOW
0.3933 IQD
YEARLY AVERAGE
0.4071 IQD

2021 UGX to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.4149. Conversely, the yearly low was recorded on January 12, dropping to 0.3933.

This high-to-low spread represents a total annual volatility of 0.0216 IQD. From a start-to-finish perspective, comparing the January average rate of 0.3961 to the December average rate of 0.4107, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4149 was up 3.48% compared to the 2020 peak of 0.4010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,075 IQD
2020 Average 1,611 IQD
Yearly Trough Low 1,967 IQD
Transaction Impact: A difference of 108.08 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4153
0.3944
JanuMarcMayJulySeptNove

UGX to IQD 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 0.4032, compared to 0.4110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.4032
H2 Avg (Jul–Dec) 0.4110

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0107 IQD (High: 0.4090 / Low: 0.3983). On the other end, March was the most stable month, with a tight range of 0.0019 IQD (High: 0.4000 / Low: 0.3980).

April Spread (Volatile) ±0.0107
March Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0055 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.4124) against the same month in 2020 (average: 0.3187), the exchange rate shifted by +0.0937 (+29.39%).

2021 Avg (June) 0.4124
2020 Avg (June) 0.3187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4017 0.3933 0.3961
February 0.3993 0.3967 0.3984
March 0.4000 0.3980 0.3989
April 0.4090 0.3983 0.4025
May 0.4138 0.4072 0.4111
June 0.4149 0.4103 0.4124
July 0.4124 0.4086 0.4108
August 0.4133 0.4106 0.4125
September 0.4145 0.4100 0.4136
October 0.4124 0.4023 0.4080
November 0.4135 0.4077 0.4106
December 0.4134 0.4088 0.4107