YEARLY HIGH
230.4479 UGX
YEARLY LOW
147.0622 UGX
YEARLY AVERAGE
195.4765 UGX

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,152,240 UGX
2021 Average 1,142,500 UGX
Yearly Trough Low 735,311 UGX
Transaction Impact: A difference of 416,928.78 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

231.9935
142.0492
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 209.0237
H2 Avg (Jul–Dec) 181.9294

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±39.9567
January Spread (Stable) ±2.9575

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -36.5154

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (March) 216.7819
2021 Avg (March) 233.1785

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