YEARLY HIGH
34.5372 UGX
YEARLY LOW
20.8232 UGX
YEARLY AVERAGE
28.9050 UGX

2022 ARS to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ARS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 34.5372. Conversely, the yearly low was recorded on December 25, dropping to 20.8232.

This high-to-low spread represents a total annual volatility of 13.7140 UGX. From a start-to-finish perspective, comparing the January average rate of 33.9694 to the December average rate of 21.4081, the exchange rate registered a net change of -36.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 34.5372 was down 20.83% compared to the 2021 peak of 43.6257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 172,686 UGX
2021 Average 189,220 UGX
Yearly Trough Low 104,116 UGX
Transaction Impact: A difference of 68,570.09 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

35.2255
20.1520
JanuMarcMayJulySeptNove

ARS 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 32.0843, compared to 25.7257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.3585 points.

H1 Avg (Jan–Jun) 32.0843
H2 Avg (Jul–Dec) 25.7257

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 1.9703 UGX (High: 29.3367 / Low: 27.3664). On the other end, July was the most stable month, with a tight range of 0.4866 UGX (High: 29.8536 / Low: 29.3670).

August Spread (Volatile) ±1.9703
July Spread (Stable) ±0.4866

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.9633 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -1.9633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 33.9694) against the same month in 2021 (average: 42.9747), the exchange rate shifted by -9.0053 (-20.95%).

2022 Avg (January) 33.9694
2021 Avg (January) 42.9747

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.5372 33.3574 33.9694
February 33.3211 32.7348 33.0503
March 33.3393 32.2539 32.8363
April 32.2061 30.7364 31.2976
May 31.4234 30.4201 30.7988
June 31.5785 29.9720 30.5533
July 29.8536 29.3670 29.5539
August 29.3367 27.3664 28.3506
September 27.4229 26.1568 26.7276
October 26.1568 24.2293 25.1388
November 24.0642 22.3786 23.1755
December 22.3019 20.8232 21.4081