2023 BTN to UGX Historical Review

YEARLY HIGH

46.2696 UGX

YEARLY LOW

43.5597 UGX

YEARLY AVERAGE

45.1076 UGX

2023 BTN to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 46.2696. Conversely, the yearly low was recorded on August 12, dropping to 43.5597.

This high-to-low spread represents a total annual volatility of 2.7099 UGX. From a start-to-finish perspective, comparing the January average rate of 45.1196 to the December average rate of 45.3863, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.2696 was down 6.21% compared to the 2022 peak of 49.3309, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 231,348 UGX

2022 Average 234,866 UGX

Yearly Trough Low 217,799 UGX

Transaction Impact: A difference of 13,549.51 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.8305

44.3232

JanuMarcMayJulySeptNove

BTN 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 45.2134, compared to 45.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2117 points.

H1 Avg (Jan–Jun) 45.2134

H2 Avg (Jul–Dec) 45.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.6272 UGX (High: 45.1870 / Low: 43.5597). On the other end, January was the most stable month, with a tight range of 0.4089 UGX (High: 45.3176 / Low: 44.9087).

August Spread (Volatile) ±1.6272

January Spread (Stable) ±0.4089

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4805 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4805

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 45.7049) against the same month in 2022 (average: 46.5271), the exchange rate shifted by -0.8222 (-1.77%).

2023 Avg (April) 45.7049

2022 Avg (April) 46.5271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.3176	44.9087	45.1196
February	45.0593	44.2713	44.6395
March	46.0767	44.8646	45.4558
April	46.2696	45.3865	45.7049
May	45.7011	44.9770	45.2877
June	45.4585	44.7078	45.0734
July	44.9965	43.9443	44.5928
August	45.1870	43.5597	44.4488
September	45.3000	44.8587	45.0425
October	45.4666	44.9486	45.1314
November	45.7763	45.1559	45.4089
December	45.6658	45.1077	45.3863