2022 CVE to UGX Historical Review

YEARLY HIGH

37.0461 UGX

YEARLY LOW

32.5298 UGX

YEARLY AVERAGE

35.1390 UGX

2022 CVE to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 37.0461. Conversely, the yearly low was recorded on October 31, dropping to 32.5298.

This high-to-low spread represents a total annual volatility of 4.5164 UGX. From a start-to-finish perspective, comparing the January average rate of 36.1233 to the December average rate of 35.3352, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 37.0461 was down 9.60% compared to the 2021 peak of 40.9812, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,231 UGX

2021 Average 191,718 UGX

Yearly Trough Low 162,649 UGX

Transaction Impact: A difference of 22,581.95 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

36.3460

33.6726

JanuMarcMayJulySeptNove

CVE 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 35.5219, compared to 34.7560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7659 points.

H1 Avg (Jan–Jun) 35.5219

H2 Avg (Jul–Dec) 34.7560

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 3.0999 UGX (High: 36.5908 / Low: 33.4909). On the other end, March was the most stable month, with a tight range of 0.7591 UGX (High: 36.2112 / Low: 35.4521).

May Spread (Volatile) ±3.0999

March Spread (Stable) ±0.7591

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.9670 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9670

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 35.2614) against the same month in 2021 (average: 37.9092), the exchange rate shifted by -2.6478 (-6.98%).

2022 Avg (July) 35.2614

2021 Avg (July) 37.9092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.5527	35.3142	36.1233
February	36.6081	35.5527	36.0220
March	36.2112	35.4521	35.7250
April	35.7261	33.6634	34.7580
May	36.5908	33.4909	34.6763
June	36.6590	35.2633	35.8269
July	37.0461	34.3719	35.2614
August	35.9089	34.1877	35.1028
September	35.9537	33.4365	34.3697
October	34.3605	32.5298	33.8954
November	35.3246	33.5655	34.5716
December	35.9524	34.9153	35.3352