YEARLY HIGH
10345.3301 UGX
YEARLY LOW
9260.5743 UGX
YEARLY AVERAGE
9784.9469 UGX

2022 BHD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BHD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 10345.3301. Conversely, the yearly low was recorded on February 3, dropping to 9260.5743.

This high-to-low spread represents a total annual volatility of 1084.7558 UGX. From a start-to-finish perspective, comparing the January average rate of 9361.3022 to the December average rate of 9784.6916, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 10345.3301 was up 4.89% compared to the 2021 peak of 9863.4313, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,726,650 UGX
2021 Average 47,569,508 UGX
Yearly Trough Low 46,302,871 UGX
Transaction Impact: A difference of 5,423,778.77 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10257.6891
9242.5025
JanuMarcMayJulySeptNove

BHD 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 9530.0840, compared to 10039.8098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 509.7258 points.

H1 Avg (Jan–Jun) 9530.0840
H2 Avg (Jul–Dec) 10039.8098

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 671.0000 UGX (High: 10019.0898 / Low: 9348.0898). On the other end, January was the most stable month, with a tight range of 105.6027 UGX (High: 9406.8135 / Low: 9301.2108).

May Spread (Volatile) ±671.0000
January Spread (Stable) ±105.6027

Growth Streaks & Declines

Trends

Between April and August, 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 November and December, when the average rate fell by 173.8861 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -173.8861

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 10173.0902) against the same month in 2021 (average: 9385.1261), the exchange rate shifted by +787.9641 (+8.40%).

2022 Avg (August) 10173.0902
2021 Avg (August) 9385.1261

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9406.8135 9301.2108 9361.3022
February 9414.1946 9260.5743 9327.1014
March 9610.3199 9358.7937 9527.9052
April 9491.9350 9332.1151 9400.1291
May 10019.0898 9348.0898 9622.8461
June 10078.1821 9861.0710 9941.2199
July 10287.7993 9853.1611 10056.7952
August 10345.3301 9967.4128 10173.0902
September 10299.4491 9994.3445 10134.3626
October 10212.5459 10004.7196 10131.3412
November 10056.6999 9875.4168 9958.5778
December 9915.1991 9654.5335 9784.6916