2022 HRK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 HRK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the HRK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 537.6051. Conversely, the yearly low was recorded on November 3, dropping to 489.8914.
This high-to-low spread represents a total annual volatility of 47.7137 UGX. From a start-to-finish perspective, comparing the January average rate of 530.9752 to the December average rate of 517.4954, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 537.6051 was down 10.79% compared to the 2021 peak of 602.6337, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
HRK 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 520.9226, compared to 509.9953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.9273 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 46.6360 UGX (High: 537.6051 / Low: 490.9690). On the other end, March was the most stable month, with a tight range of 12.0330 UGX (High: 530.5475 / Low: 518.5146).
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 14.9505 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2022: 509.1014) against the same month in 2021 (average: 573.6442), the exchange rate shifted by -64.5428 (-11.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 537.3428 | 518.8602 | 530.9752 |
| February | 535.3564 | 522.8080 | 529.2623 |
| March | 530.5475 | 518.5146 | 522.3983 |
| April | 523.2580 | 492.2481 | 507.4479 |
| May | 537.6051 | 490.9690 | 509.1014 |
| June | 537.1388 | 517.3210 | 526.3504 |
| July | 526.2155 | 502.4195 | 514.1689 |
| August | 530.1376 | 502.8266 | 516.7501 |
| September | 513.3485 | 490.8303 | 503.2986 |
| October | 508.5862 | 493.4713 | 499.1654 |
| November | 517.0346 | 489.8914 | 509.0933 |
| December | 528.2759 | 511.1296 | 517.4954 |