2023 BDT to UGX Historical Review

YEARLY HIGH

36.0629 UGX

YEARLY LOW

32.9734 UGX

YEARLY AVERAGE

34.4785 UGX

2023 BDT to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 36.0629. Conversely, the yearly low was recorded on August 12, dropping to 32.9734.

This high-to-low spread represents a total annual volatility of 3.0896 UGX. From a start-to-finish perspective, comparing the January average rate of 35.2315 to the December average rate of 34.3732, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.0629 was down 15.47% compared to the 2022 peak of 42.6607, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 180,315 UGX

2022 Average 198,413 UGX

Yearly Trough Low 164,867 UGX

Transaction Impact: A difference of 15,447.84 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.4585

33.5234

JanuMarcMayJulySeptNove

BDT 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 34.9248, compared to 34.0322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8926 points.

H1 Avg (Jan–Jun) 34.9248

H2 Avg (Jul–Dec) 34.0322

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.5894 UGX (High: 36.0629 / Low: 34.4736). On the other end, December was the most stable month, with a tight range of 0.3193 UGX (High: 34.5740 / Low: 34.2548).

January Spread (Volatile) ±1.5894

December Spread (Stable) ±0.3193

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 0.5511 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 35.2315) against the same month in 2022 (average: 41.0861), the exchange rate shifted by -5.8545 (-14.25%).

2023 Avg (January) 35.2315

2022 Avg (January) 41.0861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.0629	34.4736	35.2315
February	35.6445	34.1854	34.6805
March	35.9140	34.6735	35.2973
April	35.8554	34.8181	35.2662
May	35.2498	34.4443	34.7889
June	34.9902	33.8772	34.2844
July	34.1008	33.3109	33.7725
August	34.1656	32.9734	33.6846
September	34.2188	33.8300	34.0567
October	34.3295	33.9193	34.0621
November	34.6240	33.9956	34.2439
December	34.5740	34.2548	34.3732