2022 FKP to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 FKP to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the FKP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 4837.2307. Conversely, the yearly low was recorded on September 27, dropping to 4133.3353.
This high-to-low spread represents a total annual volatility of 703.8954 UGX. From a start-to-finish perspective, comparing the January average rate of 4783.5523 to the December average rate of 4488.7941, the exchange rate registered a net change of -6.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 4837.2307 was down 6.76% compared to the 2021 peak of 5187.9164, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
FKP 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 4665.5753, compared to 4448.6205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 216.9548 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 374.1965 UGX (High: 4762.9800 / Low: 4388.7835). On the other end, February was the most stable month, with a tight range of 89.9426 UGX (High: 4798.0630 / Low: 4708.1204).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 260.5635 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 4783.5523) against the same month in 2021 (average: 5035.7187), the exchange rate shifted by -252.1664 (-5.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4837.2307 | 4697.5591 | 4783.5523 |
| February | 4798.0630 | 4708.1204 | 4757.8094 |
| March | 4777.3152 | 4683.2479 | 4729.0267 |
| April | 4697.0150 | 4422.7162 | 4588.9867 |
| May | 4762.9800 | 4388.7835 | 4517.4009 |
| June | 4743.0965 | 4509.2866 | 4616.6757 |
| July | 4721.2640 | 4439.3958 | 4554.2783 |
| August | 4739.1207 | 4402.6449 | 4588.3384 |
| September | 4458.1026 | 4133.3353 | 4327.7749 |
| October | 4421.9629 | 4203.0270 | 4316.9119 |
| November | 4529.0882 | 4230.4626 | 4415.6252 |
| December | 4590.8760 | 4381.8791 | 4488.7941 |