2022 BOB to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BOB to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BOB to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 565.1747. Conversely, the yearly low was recorded on February 3, dropping to 506.8818.
This high-to-low spread represents a total annual volatility of 58.2928 UGX. From a start-to-finish perspective, comparing the January average rate of 512.2316 to the December average rate of 533.3998, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 565.1747 was up 4.74% compared to the 2021 peak of 539.5759, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BOB to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 522.0200, compared to 548.3683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.3483 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 32.0725 UGX (High: 547.8799 / Low: 515.8074). On the other end, January was the most stable month, with a tight range of 6.2343 UGX (High: 514.8860 / Low: 508.6517).
Growth Streaks & Declines
TrendsBetween 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 10.3138 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 555.5708) against the same month in 2021 (average: 512.5310), the exchange rate shifted by +43.0398 (+8.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 514.8860 | 508.6517 | 512.2316 |
| February | 515.9224 | 506.8818 | 510.8742 |
| March | 526.6712 | 513.4588 | 522.2232 |
| April | 519.2668 | 511.2550 | 514.8790 |
| May | 547.8799 | 515.8074 | 527.6370 |
| June | 551.9245 | 535.9513 | 544.2749 |
| July | 564.2771 | 539.6108 | 551.5146 |
| August | 565.1747 | 543.8301 | 555.5708 |
| September | 560.9241 | 547.2885 | 553.0841 |
| October | 557.3420 | 548.6336 | 552.9266 |
| November | 549.0597 | 540.5118 | 543.7136 |
| December | 541.2704 | 525.9207 | 533.3998 |