YEARLY HIGH
4054.5669 UGX
YEARLY LOW
3692.2892 UGX
YEARLY AVERAGE
3883.9040 UGX

2022 EUR to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EUR to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 4054.5669. Conversely, the yearly low was recorded on November 3, dropping to 3692.2892.

This high-to-low spread represents a total annual volatility of 362.2777 UGX. From a start-to-finish perspective, comparing the January average rate of 3995.3314 to the December average rate of 3906.9381, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 4054.5669 was down 11.00% compared to the 2021 peak of 4555.8429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,272,835 UGX
2021 Average 21,218,599 UGX
Yearly Trough Low 18,461,446 UGX
Transaction Impact: A difference of 1,811,388.67 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

4018.9998
3734.9796
JanuMarcMayJulySeptNove

EUR 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 3928.1045, compared to 3839.7035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 88.4010 points.

H1 Avg (Jan–Jun) 3928.1045
H2 Avg (Jul–Dec) 3839.7035

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 344.4415 UGX (High: 4054.5669 / Low: 3710.1254). On the other end, February was the most stable month, with a tight range of 94.0226 UGX (High: 4030.4439 / Low: 3936.4213).

May Spread (Volatile) ±344.4415
February Spread (Stable) ±94.0226

Growth Streaks & Declines

Trends

Between 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 118.7508 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -118.7508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 3837.1371) against the same month in 2021 (average: 4315.5915), the exchange rate shifted by -478.4544 (-11.09%).

2022 Avg (May) 3837.1371
2021 Avg (May) 4315.5915

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4041.0654 3908.7163 3995.3314
February 4030.4439 3936.4213 3987.2882
March 4012.3108 3911.4191 3953.5043
April 3956.1612 3726.8254 3834.7534
May 4054.5669 3710.1254 3837.1371
June 4046.7929 3891.6883 3960.6124
July 3954.6490 3775.3220 3866.0666
August 3983.1444 3776.9352 3880.7684
September 3875.8416 3695.0926 3786.7124
October 3826.5459 3716.8425 3758.6479
November 3903.6855 3692.2892 3839.0875
December 3990.4968 3858.8036 3906.9381