2021 VEF to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 VEF to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the VEF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 3718.5333. Conversely, the yearly low was recorded on January 2, dropping to 0.0147.
This high-to-low spread represents a total annual volatility of 3718.5186 UGX. From a start-to-finish perspective, comparing the January average rate of 3336.8464 to the December average rate of 3555.1554, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 3718.5333 was up 23569670.92% compared to the 2020 peak of 0.0158, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
VEF to UGX 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 3564.2473, compared to 3550.8961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.3512 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 3718.5186 UGX (High: 3718.5333 / Low: 0.0147). On the other end, March was the most stable month, with a tight range of 14.8593 UGX (High: 3668.6464 / Low: 3653.7871).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 73.5002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 3336.8464) against the same month in 2020 (average: 0.0148), the exchange rate shifted by +3336.8316 (+22540857.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3718.5333 | 0.0147 | 3336.8464 |
| February | 3678.7340 | 3659.9500 | 3666.9987 |
| March | 3668.6464 | 3653.7871 | 3661.7491 |
| April | 3663.4663 | 3575.8967 | 3626.4856 |
| May | 3594.8589 | 3530.2196 | 3552.9854 |
| June | 3556.8255 | 3517.3292 | 3540.4189 |
| July | 3564.9512 | 3538.3125 | 3550.9040 |
| August | 3552.7356 | 3529.9997 | 3537.8653 |
| September | 3560.1429 | 3519.0470 | 3529.7037 |
| October | 3629.2251 | 3539.1358 | 3577.3631 |
| November | 3580.0029 | 3528.2849 | 3554.3853 |
| December | 3579.7267 | 3539.3915 | 3555.1554 |