2023 CHF to UGX Historical Review

YEARLY HIGH

4503.8291 UGX

YEARLY LOW

3927.4827 UGX

YEARLY AVERAGE

4145.8193 UGX

2023 CHF to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 4503.8291. Conversely, the yearly low was recorded on March 7, dropping to 3927.4827.

This high-to-low spread represents a total annual volatility of 576.3464 UGX. From a start-to-finish perspective, comparing the January average rate of 3995.3894 to the December average rate of 4378.5075, the exchange rate registered a net change of 9.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4503.8291 was up 9.77% compared to the 2022 peak of 4102.9732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,519,145 UGX

2022 Average 19,328,361 UGX

Yearly Trough Low 19,637,413 UGX

Transaction Impact: A difference of 2,881,731.86 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4418.4809

3938.7994

JanuMarcMayJulySeptNove

CHF 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 4073.6618, compared to 4217.9767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 144.3149 points.

H1 Avg (Jan–Jun) 4073.6618

H2 Avg (Jul–Dec) 4217.9767

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 218.7563 UGX (High: 4503.8291 / Low: 4285.0728). On the other end, June was the most stable month, with a tight range of 74.9936 UGX (High: 4150.3373 / Low: 4075.3436).

December Spread (Volatile) ±218.7563

June Spread (Stable) ±74.9936

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 33.4772 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -33.4772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 4378.5075) against the same month in 2022 (average: 3955.2673), the exchange rate shifted by +423.2401 (+10.70%).

2023 Avg (December) 4378.5075

2022 Avg (December) 3955.2673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4030.7735	3944.3385	3995.3894
February	4061.5240	3943.4603	3978.7729
March	4144.6664	3927.4827	4039.1528
April	4223.0168	4099.4160	4164.1906
May	4215.1616	4113.1243	4148.9712
June	4150.3373	4075.3436	4115.4940
July	4274.1745	4072.8899	4187.9744
August	4270.7569	4100.1360	4189.0642
September	4206.5741	4081.8709	4159.0068
October	4213.0885	4062.2500	4153.4865
November	4364.3648	4160.2657	4239.8211
December	4503.8291	4285.0728	4378.5075