YEARLY HIGH
71.9558 UGX
YEARLY LOW
58.7102 UGX
YEARLY AVERAGE
66.7520 UGX

2022 GMD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 71.9558. Conversely, the yearly low was recorded on December 26, dropping to 58.7102.

This high-to-low spread represents a total annual volatility of 13.2455 UGX. From a start-to-finish perspective, comparing the January average rate of 66.8326 to the December average rate of 59.4096, the exchange rate registered a net change of -11.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 71.9558 was up 0.14% compared to the 2021 peak of 71.8557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 359,779 UGX
2021 Average 348,142 UGX
Yearly Trough Low 293,551 UGX
Transaction Impact: A difference of 66,227.65 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

71.6814
58.2940
JanuMarcMayJulySeptNove

GMD 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 67.0666, compared to 66.4375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6291 points.

H1 Avg (Jan–Jun) 67.0666
H2 Avg (Jul–Dec) 66.4375

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 4.6683 UGX (High: 69.5474 / Low: 64.8791). On the other end, January was the most stable month, with a tight range of 1.0344 UGX (High: 67.2175 / Low: 66.1830).

October Spread (Volatile) ±4.6683
January Spread (Stable) ±1.0344

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 6.0245 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 70.5658) against the same month in 2021 (average: 69.1704), the exchange rate shifted by +1.3954 (+2.02%).

2022 Avg (August) 70.5658
2021 Avg (August) 69.1704

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.2175 66.1830 66.8326
February 66.8442 65.7792 66.1748
March 67.9160 65.7351 67.1145
April 66.4479 65.0921 65.7457
May 69.7556 65.1254 67.2375
June 70.1633 68.7604 69.2944
July 71.9305 68.6745 70.1618
August 71.9558 68.8373 70.5658
September 70.2677 69.0200 69.6835
October 69.5474 64.8791 67.4144
November 64.6464 60.3846 61.3899
December 60.3076 58.7102 59.4096