YEARLY HIGH
1.0015 UGX
YEARLY LOW
0.7439 UGX
YEARLY AVERAGE
0.8723 UGX

2022 COP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the COP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 1.0015. Conversely, the yearly low was recorded on November 20, dropping to 0.7439.

This high-to-low spread represents a total annual volatility of 0.2576 UGX. From a start-to-finish perspective, comparing the January average rate of 0.8822 to the December average rate of 0.7699, the exchange rate registered a net change of -12.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0015 was down 7.57% compared to the 2021 peak of 1.0835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,007,529 UGX
2021 Average 4,799,755 UGX
Yearly Trough Low 3,719,740 UGX
Transaction Impact: A difference of 1,287,788.71 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9739
0.7442
JanuMarcMayJulySeptNove

COP 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 0.9181, compared to 0.8266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0915 points.

H1 Avg (Jan–Jun) 0.9181
H2 Avg (Jul–Dec) 0.8266

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1311 UGX (High: 0.9976 / Low: 0.8665). On the other end, December was the most stable month, with a tight range of 0.0218 UGX (High: 0.7831 / Low: 0.7613).

May Spread (Volatile) ±0.1311
December Spread (Stable) ±0.0218

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0886 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0886

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.9548) against the same month in 2021 (average: 0.9589), the exchange rate shifted by -0.0042 (-0.44%).

2022 Avg (June) 0.9548
2021 Avg (June) 0.9589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8958 0.8672 0.8822
February 0.9083 0.8840 0.8926
March 0.9698 0.8928 0.9437
April 0.9526 0.8904 0.9334
May 0.9976 0.8665 0.9021
June 1.0015 0.9055 0.9548
July 0.9003 0.8139 0.8661
August 0.9112 0.8578 0.8857
September 0.8758 0.8426 0.8609
October 0.8543 0.7651 0.8135
November 0.7910 0.7439 0.7633
December 0.7831 0.7613 0.7699