2023 ALL to UGX Historical Review

YEARLY HIGH

40.9287 UGX

YEARLY LOW

33.3090 UGX

YEARLY AVERAGE

37.1014 UGX

2023 ALL to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 40.9287. Conversely, the yearly low was recorded on January 8, dropping to 33.3090.

This high-to-low spread represents a total annual volatility of 7.6197 UGX. From a start-to-finish perspective, comparing the January average rate of 34.2077 to the December average rate of 40.1605, the exchange rate registered a net change of 17.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.9287 was up 16.40% compared to the 2022 peak of 35.1612, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204,644 UGX

2022 Average 163,264 UGX

Yearly Trough Low 166,545 UGX

Transaction Impact: A difference of 38,098.59 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.7643

33.5182

JanuMarcMayJulySeptNove

ALL 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 35.6145, compared to 38.5883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9738 points.

H1 Avg (Jan–Jun) 35.6145

H2 Avg (Jul–Dec) 38.5883

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 3.4739 UGX (High: 40.8553 / Low: 37.3814). On the other end, September was the most stable month, with a tight range of 0.7176 UGX (High: 37.7640 / Low: 37.0464).

July Spread (Volatile) ±3.4739

September Spread (Stable) ±0.7176

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 1.1757 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 40.1605) against the same month in 2022 (average: 33.9385), the exchange rate shifted by +6.2219 (+18.33%).

2023 Avg (December) 40.1605

2022 Avg (December) 33.9385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.8407	33.3090	34.2077
February	34.7168	33.6819	34.1221
March	36.2286	34.0932	34.9642
April	37.4135	36.0708	36.5485
May	36.9484	35.5419	36.4372
June	37.9072	36.7290	37.4075
July	40.8553	37.3814	39.1871
August	39.5090	36.1102	38.0114
September	37.7640	37.0464	37.3495
October	38.1676	36.9441	37.4805
November	40.8531	37.8458	39.3410
December	40.9287	39.7595	40.1605