2021 UGX to CVE Historical Review

YEARLY HIGH

0.0277 CVE

YEARLY LOW

0.0244 CVE

YEARLY AVERAGE

0.0261 CVE

2021 UGX to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0277. Conversely, the yearly low was recorded on January 10, dropping to 0.0244.

This high-to-low spread represents a total annual volatility of 0.0033 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0246 to the December average rate of 0.0276, the exchange rate registered a net change of 11.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0277 was down 59.37% compared to the 2020 peak of 0.0681, 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 138 CVE

2020 Average 131 CVE

Yearly Trough Low 122 CVE

Transaction Impact: A difference of 16.43 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0279

0.0244

JanuMarcMayJulySeptNove

UGX to CVE 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 0.0254, compared to 0.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0254

H2 Avg (Jul–Dec) 0.0268

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0015 CVE (High: 0.0269 / Low: 0.0255). On the other end, December was the most stable month, with a tight range of 0.0003 CVE (High: 0.0277 / Low: 0.0274).

June Spread (Volatile) ±0.0015

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0276) against the same month in 2020 (average: 0.0248), the exchange rate shifted by +0.0028 (+11.13%).

2021 Avg (December) 0.0276

2020 Avg (December) 0.0248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0249	0.0244	0.0246
February	0.0252	0.0248	0.0250
March	0.0258	0.0250	0.0254
April	0.0258	0.0254	0.0255
May	0.0260	0.0254	0.0257
June	0.0269	0.0255	0.0260
July	0.0266	0.0262	0.0264
August	0.0268	0.0262	0.0265
September	0.0269	0.0264	0.0266
October	0.0270	0.0262	0.0267
November	0.0277	0.0268	0.0273
December	0.0277	0.0274	0.0276