2023 ANG to UGX Historical Review

YEARLY HIGH

2118.2173 UGX

YEARLY LOW

2000.6435 UGX

YEARLY AVERAGE

2066.8860 UGX

2023 ANG to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 2118.2173. Conversely, the yearly low was recorded on August 3, dropping to 2000.6435.

This high-to-low spread represents a total annual volatility of 117.5738 UGX. From a start-to-finish perspective, comparing the January average rate of 2048.4099 to the December average rate of 2096.1648, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2118.2173 was down 1.62% compared to the 2022 peak of 2153.1517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,591,087 UGX

2022 Average 10,238,103 UGX

Yearly Trough Low 10,003,217 UGX

Transaction Impact: A difference of 587,869.22 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2104.8807

2027.2456

JanuMarcMayJulySeptNove

ANG 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 2062.2335, compared to 2071.5385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.3050 points.

H1 Avg (Jan–Jun) 2062.2335

H2 Avg (Jul–Dec) 2071.5385

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 73.8119 UGX (High: 2074.4554 / Low: 2000.6435). On the other end, December was the most stable month, with a tight range of 24.2140 UGX (High: 2110.2109 / Low: 2085.9969).

August Spread (Volatile) ±73.8119

December Spread (Stable) ±24.2140

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 22.1225 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -22.1225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2098.4111) against the same month in 2022 (average: 2085.0409), the exchange rate shifted by +13.3702 (+0.64%).

2023 Avg (November) 2098.4111

2022 Avg (November) 2085.0409

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2069.5891	2031.6814	2048.4099
February	2066.8931	2032.3437	2045.5032
March	2102.9736	2053.9844	2076.4836
April	2100.1547	2069.5002	2078.9371
May	2098.0117	2057.4498	2068.2294
June	2082.7462	2033.5184	2055.8376
July	2055.1913	2005.7475	2033.7152
August	2074.4554	2000.6435	2042.3853
September	2091.4047	2063.5205	2075.0111
October	2100.0798	2074.9379	2083.5432
November	2118.2173	2086.5973	2098.4111
December	2110.2109	2085.9969	2096.1648