2022 BND to UGX Historical Review

YEARLY HIGH

2820.1160 UGX

YEARLY LOW

2554.9433 UGX

YEARLY AVERAGE

2675.5567 UGX

2022 BND to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 2820.1160. Conversely, the yearly low was recorded on May 3, dropping to 2554.9433.

This high-to-low spread represents a total annual volatility of 265.1726 UGX. From a start-to-finish perspective, comparing the January average rate of 2613.2038 to the December average rate of 2727.5401, the exchange rate registered a net change of 4.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2820.1160 was up 0.46% compared to the 2021 peak of 2807.0866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,100,580 UGX

2021 Average 13,348,797 UGX

Yearly Trough Low 12,774,717 UGX

Transaction Impact: A difference of 1,325,863.04 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2787.9318

2577.8645

JanuMarcMayJulySeptNove

BND 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 2632.7729, compared to 2718.3404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 85.5675 points.

H1 Avg (Jan–Jun) 2632.7729

H2 Avg (Jul–Dec) 2718.3404

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 200.0723 UGX (High: 2755.0157 / Low: 2554.9433). On the other end, January was the most stable month, with a tight range of 39.9712 UGX (High: 2626.2024 / Low: 2586.2312).

May Spread (Volatile) ±200.0723

January Spread (Stable) ±39.9712

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 August and September, when the average rate fell by 63.3850 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -63.3850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 2770.4262) against the same month in 2021 (average: 2611.0925), the exchange rate shifted by +159.3337 (+6.10%).

2022 Avg (August) 2770.4262

2021 Avg (August) 2611.0925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2626.2024	2586.2312	2613.2038
February	2632.7218	2591.8536	2611.2527
March	2663.5488	2602.5665	2643.9932
April	2636.8592	2560.1274	2595.3701
May	2755.0157	2554.9433	2625.1428
June	2769.0415	2671.5516	2707.6750
July	2803.1894	2649.2907	2719.7726
August	2820.1160	2717.8569	2770.4262
September	2731.0996	2677.1201	2707.0412
October	2706.7229	2663.3653	2679.4290
November	2742.9324	2662.0539	2705.8332
December	2770.8090	2691.1698	2727.5401