YEARLY HIGH
527.5970 UGX
YEARLY LOW
214.7638 UGX
YEARLY AVERAGE
416.5454 UGX

2021 TRY to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 527.5970. Conversely, the yearly low was recorded on December 19, dropping to 214.7638.

This high-to-low spread represents a total annual volatility of 312.8332 UGX. From a start-to-finish perspective, comparing the January average rate of 498.7995 to the December average rate of 267.5424, the exchange rate registered a net change of -46.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 527.5970 was down 15.91% compared to the 2020 peak of 627.4050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26,379,851 UGX
2020 Average 26,712,220 UGX
Yearly Trough Low 10,738,192 UGX
Transaction Impact: A difference of 15,641,658.51 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

541.2567
242.6593
JanuMarcMayJulySeptNove

TRY 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 461.4249, compared to 371.6659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 89.7590 points.

H1 Avg (Jan–Jun) 461.4249
H2 Avg (Jul–Dec) 371.6659

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 116.1705 UGX (High: 330.9343 / Low: 214.7638). On the other end, July was the most stable month, with a tight range of 11.5149 UGX (High: 419.6868 / Low: 408.1719).

December Spread (Volatile) ±116.1705
July Spread (Stable) ±11.5149

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 64.9696 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -64.9696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 516.3736) against the same month in 2020 (average: 606.1756), the exchange rate shifted by -89.8020 (-14.81%).

2021 Avg (February) 516.3736
2020 Avg (February) 606.1756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 505.3993 491.3515 498.7995
February 527.5970 493.4397 516.3736
March 507.4771 439.3924 476.6294
April 450.8884 426.5613 443.2489
May 433.7217 413.3670 423.5555
June 420.2866 403.4432 409.9425
July 419.6868 408.1719 413.1577
August 424.8848 408.4234 417.2687
September 426.1083 396.4023 412.0209
October 402.1455 366.9479 387.4937
November 372.5353 263.9555 332.5120
December 330.9343 214.7638 267.5424