2023 DZD to UGX Historical Review

YEARLY HIGH

28.3530 UGX

YEARLY LOW

26.4453 UGX

YEARLY AVERAGE

27.3932 UGX

2023 DZD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 28.3530. Conversely, the yearly low was recorded on August 6, dropping to 26.4453.

This high-to-low spread represents a total annual volatility of 1.9077 UGX. From a start-to-finish perspective, comparing the January average rate of 27.0668 to the December average rate of 28.1133, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.3530 was up 3.14% compared to the 2022 peak of 27.4900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,765 UGX

2022 Average 129,865 UGX

Yearly Trough Low 132,227 UGX

Transaction Impact: A difference of 9,538.42 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.2228

26.9081

JanuMarcMayJulySeptNove

DZD 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 27.3025, compared to 27.4839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1814 points.

H1 Avg (Jan–Jun) 27.3025

H2 Avg (Jul–Dec) 27.4839

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.0998 UGX (High: 27.5451 / Low: 26.4453). On the other end, September was the most stable month, with a tight range of 0.3437 UGX (High: 27.4379 / Low: 27.0941).

August Spread (Volatile) ±1.0998

September Spread (Stable) ±0.3437

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2458 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 28.0731) against the same month in 2022 (average: 26.9736), the exchange rate shifted by +1.0994 (+4.08%).

2023 Avg (November) 28.0731

2022 Avg (November) 26.9736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.2065	26.8054	27.0668
February	27.4368	26.6530	27.0176
March	27.9273	27.0403	27.4543
April	27.8859	27.4718	27.6332
May	27.6117	27.2279	27.3874
June	27.5327	26.9886	27.2555
July	27.3208	26.5737	27.0867
August	27.5451	26.4453	27.0433
September	27.4379	27.0941	27.2567
October	27.8488	27.0948	27.3302
November	28.3530	27.8300	28.0731
December	28.2999	27.9465	28.1133