2022 BAM to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BAM to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BAM to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 2082.3422. Conversely, the yearly low was recorded on September 26, dropping to 1894.1598.
This high-to-low spread represents a total annual volatility of 188.1824 UGX. From a start-to-finish perspective, comparing the January average rate of 2042.3805 to the December average rate of 1995.4736, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 2082.3422 was down 10.66% compared to the 2021 peak of 2330.8481, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BAM to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2009.7657, compared to 1962.4222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 47.3435 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 163.8227 UGX (High: 2065.8188 / Low: 1901.9961). On the other end, March was the most stable month, with a tight range of 37.8655 UGX (High: 2045.0140 / Low: 2007.1485).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 59.9520 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 2026.6087) against the same month in 2021 (average: 2181.2886), the exchange rate shifted by -154.6798 (-7.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2066.4559 | 1998.0242 | 2042.3805 |
| February | 2064.4982 | 2015.6641 | 2040.5948 |
| March | 2045.0140 | 2007.1485 | 2023.1663 |
| April | 2022.9799 | 1905.9940 | 1963.2143 |
| May | 2065.8188 | 1901.9961 | 1962.6294 |
| June | 2082.3422 | 1995.7332 | 2026.6087 |
| July | 2021.1841 | 1928.1583 | 1977.5163 |
| August | 2030.6309 | 1932.7825 | 1985.7630 |
| September | 1981.6065 | 1894.1598 | 1938.3261 |
| October | 1957.5620 | 1897.1129 | 1918.4148 |
| November | 2000.0227 | 1895.9635 | 1959.0391 |
| December | 2031.8189 | 1974.9285 | 1995.4736 |