2022 EUR to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 118.7508 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |