2022 CAD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CAD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CAD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 3028.4142. Conversely, the yearly low was recorded on December 24, dropping to 2667.0432.
This high-to-low spread represents a total annual volatility of 361.3710 UGX. From a start-to-finish perspective, comparing the January average rate of 2794.5700 to the December average rate of 2710.3056, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 3028.4142 was up 2.34% compared to the 2021 peak of 2959.1401, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
CAD 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 2825.5557, compared to 2844.1893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.6336 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 242.0898 UGX (High: 2988.8289 / Low: 2746.7391). On the other end, February was the most stable month, with a tight range of 53.4537 UGX (High: 2801.9928 / Low: 2748.5391).
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 August and September, when the average rate fell by 97.1009 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2022: 2933.4015) against the same month in 2021 (average: 2838.6937), the exchange rate shifted by +94.7079 (+3.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2821.7836 | 2746.7844 | 2794.5700 |
| February | 2801.9928 | 2748.5391 | 2762.6192 |
| March | 2891.7237 | 2773.3309 | 2840.0191 |
| April | 2860.0188 | 2763.9736 | 2806.8056 |
| May | 2988.8289 | 2746.7391 | 2824.7638 |
| June | 2999.2111 | 2870.2537 | 2924.5566 |
| July | 3028.4142 | 2849.8234 | 2933.4015 |
| August | 3027.0813 | 2888.4846 | 2966.9283 |
| September | 2937.8102 | 2785.8097 | 2869.8274 |
| October | 2837.4037 | 2759.2543 | 2788.5080 |
| November | 2836.0681 | 2750.9824 | 2796.1653 |
| December | 2782.7226 | 2667.0432 | 2710.3056 |