2021 ZAR to UGX Historical Review

YEARLY HIGH

264.0343 UGX

YEARLY LOW

218.9520 UGX

YEARLY AVERAGE

242.8972 UGX

2021 ZAR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 264.0343. Conversely, the yearly low was recorded on November 27, dropping to 218.9520.

This high-to-low spread represents a total annual volatility of 45.0822 UGX. From a start-to-finish perspective, comparing the January average rate of 244.2017 to the December average rate of 223.9032, the exchange rate registered a net change of -8.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 264.0343 was up 0.41% compared to the 2020 peak of 262.9511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 13,201,713 UGX

2020 Average 11,346,411 UGX

Yearly Trough Low 10,947,602 UGX

Transaction Impact: A difference of 2,254,110.64 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

257.4147

220.8567

JanuMarcMayJulySeptNove

ZAR to UGX 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 249.2512, compared to 236.5432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7080 points.

H1 Avg (Jan–Jun) 249.2512

H2 Avg (Jul–Dec) 236.5432

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 18.4496 UGX (High: 237.4016 / Low: 218.9520). On the other end, December was the most stable month, with a tight range of 7.3853 UGX (High: 228.1780 / Low: 220.7926).

November Spread (Volatile) ±18.4496

December Spread (Stable) ±7.3853

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 11.9378 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -11.9378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 254.3682) against the same month in 2020 (average: 218.2910), the exchange rate shifted by +36.0772 (+16.53%).

2021 Avg (June) 254.3682

2020 Avg (June) 218.2910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	250.7137	238.4014	244.2017
February	253.4346	242.4025	248.3247
March	250.3928	235.8350	244.3898
April	255.4539	246.5869	251.4077
May	258.4388	245.6395	252.8152
June	264.0343	246.3376	254.3682
July	250.0336	238.7610	244.8255
August	248.1069	230.3852	239.2176
September	249.1745	233.1389	242.2256
October	250.2372	233.1446	240.5125
November	237.4016	218.9520	228.5748
December	228.1780	220.7926	223.9032