2021 UGX to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 UGX to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the UGX to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 3.0602. Conversely, the yearly low was recorded on January 12, dropping to 2.8173.
This high-to-low spread represents a total annual volatility of 0.2429 UZS. From a start-to-finish perspective, comparing the January average rate of 2.8405 to the December average rate of 3.0408, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 3.0602 was up 6.47% compared to the 2020 peak of 2.8743, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UGX based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
UGX to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2.9056, compared to 3.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1067 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.0856 UZS (High: 2.9482 / Low: 2.8626). On the other end, March was the most stable month, with a tight range of 0.0143 UZS (High: 2.8748 / Low: 2.8605).
Growth Streaks & Declines
TrendsBetween March and September, 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 September and October, when the average rate fell by 0.0371 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 3.0408) against the same month in 2020 (average: 2.8512), the exchange rate shifted by +0.1896 (+6.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.8657 | 2.8173 | 2.8405 |
| February | 2.8812 | 2.8581 | 2.8720 |
| March | 2.8748 | 2.8605 | 2.8670 |
| April | 2.9482 | 2.8626 | 2.8963 |
| May | 2.9914 | 2.9327 | 2.9707 |
| June | 3.0126 | 2.9713 | 2.9873 |
| July | 3.0091 | 2.9716 | 2.9894 |
| August | 3.0221 | 2.9942 | 3.0099 |
| September | 3.0333 | 3.0042 | 3.0254 |
| October | 3.0233 | 2.9487 | 2.9884 |
| November | 3.0409 | 3.0044 | 3.0201 |
| December | 3.0602 | 3.0176 | 3.0408 |