2022 AFN to UGX Historical Review

YEARLY HIGH

44.9578 UGX

YEARLY LOW

33.4431 UGX

YEARLY AVERAGE

41.1150 UGX

2022 AFN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 44.9578. Conversely, the yearly low was recorded on January 11, dropping to 33.4431.

This high-to-low spread represents a total annual volatility of 11.5147 UGX. From a start-to-finish perspective, comparing the January average rate of 33.7564 to the December average rate of 42.1616, the exchange rate registered a net change of 24.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 44.9578 was down 6.66% compared to the 2021 peak of 48.1675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 224,789 UGX

2021 Average 216,751 UGX

Yearly Trough Low 167,215 UGX

Transaction Impact: A difference of 57,573.69 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

44.9584

32.7380

JanuMarcMayJulySeptNove

AFN 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 39.2931, compared to 42.9368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6437 points.

H1 Avg (Jan–Jun) 39.2931

H2 Avg (Jul–Dec) 42.9368

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 3.6753 UGX (High: 38.6823 / Low: 35.0070). On the other end, July was the most stable month, with a tight range of 0.8113 UGX (High: 43.1601 / Low: 42.3488).

February Spread (Volatile) ±3.6753

July Spread (Stable) ±0.8113

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.2392 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.2392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 43.9401) against the same month in 2021 (average: 39.7109), the exchange rate shifted by +4.2292 (+10.65%).

2022 Avg (October) 43.9401

2021 Avg (October) 39.7109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.3064	33.4431	33.7564
February	38.6823	35.0070	37.7125
March	41.5394	38.4584	40.4915
April	41.4985	39.8269	40.5390
May	42.4428	40.3100	41.1660
June	42.7526	41.6047	42.0935
July	43.1601	42.3488	42.7441
August	43.5853	41.7645	42.9155
September	44.0794	42.3037	43.1588
October	44.9578	43.2686	43.9401
November	43.2628	41.8952	42.7009
December	42.9122	41.4004	42.1616