YEARLY HIGH
3900.0032 UGX
YEARLY LOW
3491.6069 UGX
YEARLY AVERAGE
3689.0393 UGX

2022 BMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 3900.0032. Conversely, the yearly low was recorded on February 3, dropping to 3491.6069.

This high-to-low spread represents a total annual volatility of 408.3963 UGX. From a start-to-finish perspective, comparing the January average rate of 3528.9433 to the December average rate of 3687.3489, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3900.0032 was up 4.88% compared to the 2021 peak of 3718.5333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,500,016 UGX
2021 Average 17,933,551 UGX
Yearly Trough Low 17,458,035 UGX
Transaction Impact: A difference of 2,041,981.40 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3867.2312
3483.8063
JanuMarcMayJulySeptNove

BMD 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 3593.1565, compared to 3784.9222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 191.7658 points.

H1 Avg (Jan–Jun) 3593.1565
H2 Avg (Jul–Dec) 3784.9222

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 252.3547 UGX (High: 3777.2670 / Low: 3524.9123). On the other end, January was the most stable month, with a tight range of 41.3648 UGX (High: 3546.3028 / Low: 3504.9381).

May Spread (Volatile) ±252.3547
January Spread (Stable) ±41.3648

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 October and November, when the average rate fell by 67.4862 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -67.4862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 3835.2791) against the same month in 2021 (average: 3537.8653), the exchange rate shifted by +297.4138 (+8.41%).

2022 Avg (August) 3835.2791
2021 Avg (August) 3537.8653

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3546.3028 3504.9381 3528.9433
February 3549.4244 3491.6069 3515.7583
March 3623.3213 3528.9110 3592.2093
April 3581.5444 3518.2261 3546.0349
May 3777.2670 3524.9123 3627.8396
June 3799.3436 3716.4996 3748.1534
July 3878.4901 3714.6023 3791.6306
August 3900.0032 3758.0136 3835.2791
September 3883.1601 3765.0295 3819.8596
October 3852.9281 3772.1995 3821.4506
November 3787.2032 3732.0278 3753.9644
December 3738.8828 3638.8612 3687.3489