YEARLY HIGH
0.5694 CDF
YEARLY LOW
0.5298 CDF
YEARLY AVERAGE
0.5552 CDF

2021 UGX to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.5694. Conversely, the yearly low was recorded on January 16, dropping to 0.5298.

This high-to-low spread represents a total annual volatility of 0.0397 CDF. From a start-to-finish perspective, comparing the January average rate of 0.5347 to the December average rate of 0.5627, the exchange rate registered a net change of 5.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5694 was up 5.15% compared to the 2020 peak of 0.5415, 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 2,847 CDF
2020 Average 2,491 CDF
Yearly Trough Low 2,649 CDF
Transaction Impact: A difference of 198.26 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5671
0.5317
JanuMarcMayJulySeptNove

UGX to CDF 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 0.5484, compared to 0.5621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.5484
H2 Avg (Jul–Dec) 0.5621

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0185 CDF (High: 0.5596 / Low: 0.5410). On the other end, February was the most stable month, with a tight range of 0.0046 CDF (High: 0.5423 / Low: 0.5377).

April Spread (Volatile) ±0.0185
February Spread (Stable) ±0.0046

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 (November 2021: 0.5640) against the same month in 2020 (average: 0.5299), the exchange rate shifted by +0.0341 (+6.43%).

2021 Avg (November) 0.5640
2020 Avg (November) 0.5299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5393 0.5298 0.5347
February 0.5423 0.5377 0.5401
March 0.5454 0.5365 0.5428
April 0.5596 0.5410 0.5487
May 0.5650 0.5555 0.5617
June 0.5665 0.5584 0.5624
July 0.5653 0.5568 0.5610
August 0.5650 0.5588 0.5620
September 0.5674 0.5598 0.5641
October 0.5660 0.5510 0.5586
November 0.5694 0.5595 0.5640
December 0.5656 0.5548 0.5627