YEARLY HIGH
0.0343 NPR
YEARLY LOW
0.0315 NPR
YEARLY AVERAGE
0.0330 NPR

2021 UGX to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0343. Conversely, the yearly low was recorded on February 22, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0028 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0317 to the December average rate of 0.0339, the exchange rate registered a net change of 6.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0343 was up 4.75% compared to the 2020 peak of 0.0327, 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 171 NPR
2020 Average 159 NPR
Yearly Trough Low 158 NPR
Transaction Impact: A difference of 13.78 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0341
0.0315
JanuMarcMayJulySeptNove

UGX to NPR 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 0.0324, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0324
H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0014 NPR (High: 0.0334 / Low: 0.0320). On the other end, July was the most stable month, with a tight range of 0.0003 NPR (High: 0.0337 / Low: 0.0334).

April Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0339) against the same month in 2020 (average: 0.0321), the exchange rate shifted by +0.0018 (+5.48%).

2021 Avg (December) 0.0339
2020 Avg (December) 0.0321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0321 0.0315 0.0317
February 0.0319 0.0315 0.0317
March 0.0322 0.0316 0.0318
April 0.0334 0.0320 0.0328
May 0.0332 0.0327 0.0330
June 0.0336 0.0329 0.0332
July 0.0337 0.0334 0.0336
August 0.0337 0.0330 0.0335
September 0.0336 0.0331 0.0333
October 0.0338 0.0331 0.0335
November 0.0338 0.0332 0.0335
December 0.0343 0.0336 0.0339