2022 EGP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 EGP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the EGP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 230.4479. Conversely, the yearly low was recorded on December 22, dropping to 147.0622.
This high-to-low spread represents a total annual volatility of 83.3858 UGX. From a start-to-finish perspective, comparing the January average rate of 224.4981 to the December average rate of 149.5446, the exchange rate registered a net change of -33.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 230.4479 was down 2.95% compared to the 2021 peak of 237.4542, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
EGP 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 209.0237, compared to 181.9294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.0943 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 39.9567 UGX (High: 197.2013 / Low: 157.2445). On the other end, January was the most stable month, with a tight range of 2.9575 UGX (High: 225.7594 / Low: 222.8019).
Growth Streaks & Declines
TrendsBetween April and July, 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 October and November, when the average rate fell by 36.5154 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 216.7819) against the same month in 2021 (average: 233.1785), the exchange rate shifted by -16.3965 (-7.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 225.7594 | 222.8019 | 224.4981 |
| February | 225.8642 | 221.9049 | 223.5804 |
| March | 230.4479 | 193.6356 | 216.7819 |
| April | 195.9966 | 189.3497 | 192.3879 |
| May | 202.9723 | 190.7234 | 196.7487 |
| June | 203.8843 | 198.1585 | 200.1453 |
| July | 204.9960 | 196.9817 | 200.6930 |
| August | 204.0888 | 196.2358 | 200.2643 |
| September | 198.9842 | 193.7960 | 197.0647 |
| October | 197.2013 | 157.2445 | 190.2625 |
| November | 156.6528 | 151.6903 | 153.7471 |
| December | 152.2365 | 147.0622 | 149.5446 |