2021 UGX to JMD Historical Review

YEARLY HIGH

0.0441 JMD

YEARLY LOW

0.0384 JMD

YEARLY AVERAGE

0.0420 JMD

2021 UGX to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0441. Conversely, the yearly low was recorded on January 5, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.0057 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0391 to the December average rate of 0.0434, the exchange rate registered a net change of 11.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0441 was up 7.53% compared to the 2020 peak of 0.0410, 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 220 JMD

2020 Average 191 JMD

Yearly Trough Low 192 JMD

Transaction Impact: A difference of 28.56 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0442

0.0386

JanuMarcMayJulySeptNove

UGX to JMD 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 0.0410, compared to 0.0430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0410

H2 Avg (Jul–Dec) 0.0430

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0031 JMD (High: 0.0429 / Low: 0.0398). On the other end, December was the most stable month, with a tight range of 0.0004 JMD (High: 0.0436 / Low: 0.0432).

April Spread (Volatile) ±0.0031

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0437) against the same month in 2020 (average: 0.0396), the exchange rate shifted by +0.0041 (+10.43%).

2021 Avg (November) 0.0437

2020 Avg (November) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0398	0.0384	0.0391
February	0.0413	0.0399	0.0408
March	0.0413	0.0397	0.0403
April	0.0429	0.0398	0.0412
May	0.0430	0.0420	0.0424
June	0.0427	0.0418	0.0423
July	0.0438	0.0419	0.0430
August	0.0438	0.0428	0.0435
September	0.0429	0.0414	0.0423
October	0.0434	0.0411	0.0420
November	0.0441	0.0435	0.0437
December	0.0436	0.0432	0.0434