YEARLY HIGH
0.0045 EGP
YEARLY LOW
0.0042 EGP
YEARLY AVERAGE
0.0044 EGP

2021 UGX to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.0045. Conversely, the yearly low was recorded on January 16, dropping to 0.0042.

This high-to-low spread represents a total annual volatility of 0.0003 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0044, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0045 was up 2.01% compared to the 2020 peak of 0.0044, 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 22 EGP
2020 Average 21 EGP
Yearly Trough Low 21 EGP
Transaction Impact: A difference of 1.26 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0045
0.0042
JanuMarcMayJulySeptNove

UGX to EGP 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 0.0043, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0043
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0001 EGP (High: 0.0043 / Low: 0.0042). On the other end, August was the most stable month, with a tight range of 0.0000 EGP (High: 0.0044 / Low: 0.0044).

January Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.0045) against the same month in 2020 (average: 0.0043), the exchange rate shifted by +0.0002 (+4.28%).

2021 Avg (September) 0.0045
2020 Avg (September) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0042 0.0043
February 0.0043 0.0043 0.0043
March 0.0043 0.0043 0.0043
April 0.0044 0.0043 0.0043
May 0.0044 0.0044 0.0044
June 0.0045 0.0044 0.0044
July 0.0044 0.0044 0.0044
August 0.0044 0.0044 0.0044
September 0.0045 0.0044 0.0045
October 0.0044 0.0043 0.0044
November 0.0045 0.0044 0.0044
December 0.0044 0.0044 0.0044