2022 DKK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 DKK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the DKK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 545.0035. Conversely, the yearly low was recorded on November 3, dropping to 496.1825.
This high-to-low spread represents a total annual volatility of 48.8210 UGX. From a start-to-finish perspective, comparing the January average rate of 536.9046 to the December average rate of 525.0104, the exchange rate registered a net change of -2.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 545.0035 was down 11.01% compared to the 2021 peak of 612.4156, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
DKK 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 527.9638, compared to 516.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.9459 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 46.2141 UGX (High: 545.0035 / Low: 498.7893). On the other end, February was the most stable month, with a tight range of 12.7906 UGX (High: 541.8140 / Low: 529.0233).
Growth Streaks & Declines
TrendsBetween April and June, 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 15.7524 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2022: 515.7493) against the same month in 2021 (average: 580.3459), the exchange rate shifted by -64.5966 (-11.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 543.0356 | 525.1489 | 536.9046 |
| February | 541.8140 | 529.0233 | 535.8506 |
| March | 539.3391 | 525.7925 | 531.3193 |
| April | 532.0416 | 500.7726 | 515.5669 |
| May | 545.0035 | 498.7893 | 515.7493 |
| June | 543.9601 | 523.1003 | 532.3921 |
| July | 531.1928 | 507.2534 | 519.4781 |
| August | 535.2698 | 507.8101 | 521.6796 |
| September | 519.5051 | 496.8621 | 508.8407 |
| October | 514.4847 | 499.6576 | 505.2475 |
| November | 524.6644 | 496.1825 | 515.8508 |
| December | 535.4844 | 518.8894 | 525.0104 |