2022 CNY to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CNY to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CNY to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 576.7614. Conversely, the yearly low was recorded on November 2, dropping to 517.5897.
This high-to-low spread represents a total annual volatility of 59.1718 UGX. From a start-to-finish perspective, comparing the January average rate of 555.2668 to the December average rate of 528.7488, the exchange rate registered a net change of -4.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 576.7614 was up 0.38% compared to the 2021 peak of 574.5928, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
CNY 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 554.7855, compared to 542.7377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.0478 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 35.3764 UGX (High: 566.0862 / Low: 530.7098). On the other end, January was the most stable month, with a tight range of 6.9327 UGX (High: 557.9369 / Low: 551.0043).
Growth Streaks & Declines
TrendsBetween May and August, 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 August and September, when the average rate fell by 18.9454 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 564.0249) against the same month in 2021 (average: 546.0976), the exchange rate shifted by +17.9273 (+3.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 557.9369 | 551.0043 | 555.2668 |
| February | 562.5613 | 548.9085 | 554.3297 |
| March | 573.5190 | 559.0354 | 566.1064 |
| April | 562.8616 | 535.4608 | 551.6396 |
| May | 566.0862 | 530.7098 | 541.5758 |
| June | 568.2366 | 553.1871 | 559.7948 |
| July | 574.8210 | 552.7764 | 563.1217 |
| August | 576.7614 | 550.9664 | 564.0249 |
| September | 553.0244 | 535.9233 | 545.0795 |
| October | 541.4458 | 520.6035 | 531.5481 |
| November | 533.3449 | 517.5897 | 523.9032 |
| December | 539.3271 | 520.6299 | 528.7488 |