YEARLY HIGH
0.5656 BIF
YEARLY LOW
0.5240 BIF
YEARLY AVERAGE
0.5506 BIF

2021 UGX to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.5656. Conversely, the yearly low was recorded on January 16, dropping to 0.5240.

This high-to-low spread represents a total annual volatility of 0.0416 BIF. From a start-to-finish perspective, comparing the January average rate of 0.5274 to the December average rate of 0.5619, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5656 was up 6.14% compared to the 2020 peak of 0.5329, 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 2,828 BIF
2020 Average 2,576 BIF
Yearly Trough Low 2,620 BIF
Transaction Impact: A difference of 208.18 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5670
0.5238
JanuMarcMayJulySeptNove

UGX to BIF 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 0.5409, compared to 0.5603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.5409
H2 Avg (Jul–Dec) 0.5603

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0173 BIF (High: 0.5490 / Low: 0.5316). On the other end, August was the most stable month, with a tight range of 0.0042 BIF (High: 0.5620 / Low: 0.5578).

April Spread (Volatile) ±0.0173
August Spread (Stable) ±0.0042

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 0.0064 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5619) against the same month in 2020 (average: 0.5300), the exchange rate shifted by +0.0319 (+6.02%).

2021 Avg (December) 0.5619
2020 Avg (December) 0.5300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5325 0.5240 0.5274
February 0.5350 0.5279 0.5320
March 0.5369 0.5311 0.5340
April 0.5490 0.5316 0.5388
May 0.5588 0.5451 0.5542
June 0.5617 0.5567 0.5589
July 0.5606 0.5554 0.5581
August 0.5620 0.5578 0.5607
September 0.5652 0.5591 0.5634
October 0.5640 0.5491 0.5570
November 0.5653 0.5567 0.5608
December 0.5656 0.5587 0.5619