2021 UGX to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 UGX based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |