2022 BGN to UGX Historical Review

YEARLY HIGH

2071.0722 UGX

YEARLY LOW

1886.9144 UGX

YEARLY AVERAGE

1985.6025 UGX

2022 BGN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 2071.0722. Conversely, the yearly low was recorded on November 3, dropping to 1886.9144.

This high-to-low spread represents a total annual volatility of 184.1578 UGX. From a start-to-finish perspective, comparing the January average rate of 2042.4950 to the December average rate of 1995.0158, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2071.0722 was down 11.02% compared to the 2021 peak of 2327.5907, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,355,361 UGX

2021 Average 10,848,947 UGX

Yearly Trough Low 9,434,572 UGX

Transaction Impact: A difference of 920,789.02 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2054.5666

1909.7077

JanuMarcMayJulySeptNove

BGN 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 2008.6586, compared to 1962.5465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 46.1121 points.

H1 Avg (Jan–Jun) 2008.6586

H2 Avg (Jul–Dec) 1962.5465

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 173.5014 UGX (High: 2071.0722 / Low: 1897.5708). On the other end, March was the most stable month, with a tight range of 47.8457 UGX (High: 2050.7494 / Low: 2002.9037).

May Spread (Volatile) ±173.5014

March Spread (Stable) ±47.8457

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 March and April, when the average rate fell by 60.0350 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -60.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 1961.2934) against the same month in 2021 (average: 2206.1379), the exchange rate shifted by -244.8445 (-11.10%).

2022 Avg (May) 1961.2934

2021 Avg (May) 2206.1379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2065.9754	1998.0766	2042.4950
February	2062.4729	2013.4709	2039.8196
March	2050.7494	2002.9037	2021.5028
April	2022.3288	1904.7447	1961.4678
May	2071.0722	1897.5708	1961.2934
June	2067.8962	1989.0914	2025.3728
July	2021.1481	1930.0104	1975.6303
August	2036.3591	1930.9752	1984.1025
September	1975.3601	1888.4983	1936.2434
October	1955.3154	1898.9503	1921.7792
November	1993.7670	1886.9144	1962.5075
December	2036.0749	1974.0422	1995.0158