YEARLY HIGH
0.5513 MMK
YEARLY LOW
0.3566 MMK
YEARLY AVERAGE
0.4500 MMK

2021 UGX to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.5513. Conversely, the yearly low was recorded on January 6, dropping to 0.3566.

This high-to-low spread represents a total annual volatility of 0.1948 MMK. From a start-to-finish perspective, comparing the January average rate of 0.3605 to the December average rate of 0.5008, the exchange rate registered a net change of 38.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5513 was up 36.44% compared to the 2020 peak of 0.4041, 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 2,757 MMK
2020 Average 1,851 MMK
Yearly Trough Low 1,783 MMK
Transaction Impact: A difference of 973.91 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5445
0.3438
JanuMarcMayJulySeptNove

UGX to MMK 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 0.4065, compared to 0.4935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0870 points.

H1 Avg (Jan–Jun) 0.4065
H2 Avg (Jul–Dec) 0.4935

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0650 MMK (High: 0.5306 / Low: 0.4656). On the other end, March was the most stable month, with a tight range of 0.0011 MMK (High: 0.3856 / Low: 0.3844).

September Spread (Volatile) ±0.0650
March Spread (Stable) ±0.0011

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 October and November, when the average rate fell by 0.0247 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.5278) against the same month in 2020 (average: 0.3475), the exchange rate shifted by +0.1803 (+51.88%).

2021 Avg (October) 0.5278
2020 Avg (October) 0.3475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3651 0.3566 0.3605
February 0.3852 0.3607 0.3821
March 0.3856 0.3844 0.3850
April 0.4354 0.3849 0.3969
May 0.4659 0.4331 0.4496
June 0.4679 0.4630 0.4650
July 0.4650 0.4617 0.4634
August 0.4663 0.4633 0.4652
September 0.5306 0.4656 0.5007
October 0.5513 0.5049 0.5278
November 0.5177 0.4943 0.5032
December 0.5024 0.4986 0.5008