2023 AUD to UGX Historical Review

YEARLY HIGH

2636.4840 UGX

YEARLY LOW

2352.4564 UGX

YEARLY AVERAGE

2474.5101 UGX

2023 AUD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 2636.4840. Conversely, the yearly low was recorded on August 12, dropping to 2352.4564.

This high-to-low spread represents a total annual volatility of 284.0276 UGX. From a start-to-finish perspective, comparing the January average rate of 2569.1364 to the December average rate of 2535.0719, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2636.4840 was down 3.73% compared to the 2022 peak of 2738.5775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,182,420 UGX

2022 Average 12,806,090 UGX

Yearly Trough Low 11,762,282 UGX

Transaction Impact: A difference of 1,420,137.79 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2587.8606

2363.1702

JanuMarcMayJulySeptNove

AUD 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 2511.9432, compared to 2437.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 74.8663 points.

H1 Avg (Jan–Jun) 2511.9432

H2 Avg (Jul–Dec) 2437.0769

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 141.2389 UGX (High: 2530.5615 / Low: 2389.3225). On the other end, September was the most stable month, with a tight range of 44.4377 UGX (High: 2422.6761 / Low: 2378.2385).

November Spread (Volatile) ±141.2389

September Spread (Stable) ±44.4377

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 78.8431 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -78.8431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2569.1364) against the same month in 2022 (average: 2531.2828), the exchange rate shifted by +37.8537 (+1.50%).

2023 Avg (January) 2569.1364

2022 Avg (January) 2531.2828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2636.4840	2507.8932	2569.1364
February	2633.6749	2500.2346	2539.1031
March	2542.1762	2431.9668	2496.6631
April	2563.2139	2469.0237	2502.4904
May	2525.6477	2423.3822	2474.8105
June	2540.4243	2425.0602	2489.4557
July	2527.5781	2397.9782	2463.6194
August	2432.0017	2352.4564	2384.7763
September	2422.6761	2378.2385	2401.1950
October	2426.1617	2357.8854	2381.8944
November	2530.5615	2389.3225	2455.9043
December	2586.5549	2482.0879	2535.0719